When it won the right to host the 2014 Games last November people talked of an event �still seven years away�. Today it is less than six and some of the new venues, whose construction it is hoped will help the Glasgow economy, will be completed within three.

When it won the right to host the 2014 Games last November people talked of an event "still seven years away". Today it is less than six and some of the new venues, whose construction it is hoped will help the Glasgow economy, will be completed within three.

The Games will create 1200 jobs, 1000 in Glasgow, and will boost visitor numbers by 4% and generate £50m in sponsorship, broadcasting, ticket sales and merchandising. Four new hotels are also required.

At yesterday's conference, delegates were told that among the first projects to be completed will be the £100m-plus National Indoor Sports Arena, which will host the badminton, and a velodrome.

Tenders are being issued in the coming weeks for the east end scheme and it is intended that the arena, which will also be sportscotland's new home, will open in 2011.

The procurement process for one of the key projects is already under way. Initial masterplan briefs for the Athletes' Village were submitted in the summer and Glasgow City Council has whittled the bidders down to four. The preferred developer will be chosen next summer, but the scheme will not be completed until months before the Games.

The contract for the new National Swimming Centre at Tollcross will be awarded in 2010 and the entire project completed just a year later, while the new National Music Arena at the SECC, home to gymnastics, netball and weightlifting, will be finished by 2012, as will the Cathkin Braes mountain bike track, hockey centre at Glasgow Green and improvements to Scotstoun Leisure Centre.

2014 Games chief executive John Scott said: "Individuals and companies able to demonstrate the necessary skills and capacity in a huge number of fields, from catering, IT, manufacturing and merchandising to retailing, tourism, transport and volunteering, will be able to take advantage of this unique chance to showcase our qualities as a world-class city and country."