Lord Coe, the chair of the London 2010 Organising Committee (Locog) spoke on a visit to Glasgow.
And he responded to criticism from the Scottish National Party that it was largely companies in England which had benefited from work for the Games.
Sebastian Coe has claimed there is a "real excitement" about the London 2012 Olympics which get underway in 1000 days time.
Lord Coe, the chair of the London 2010 Organising Committee (Locog) spoke on a visit to Glasgow.
And he responded to criticism from the Scottish National Party that it was largely companies in England which had benefited from work for the Games.