The local authority published a report into its Olympic legacy outlining long-term benefits secured for local residents and businesses from being a host borough for the Olympic and Paralympic Games.
High on the list was the development of three new skills centres including a new Royal Greenwich Horticultural and Equestrian Skills Centre to serve as local centre of excellence and to train people.
The event stimulated regeneration programmes including public-realm improvements in Greenwich and Woolwich. Sport participation by children meanwhile had gone up among school children.
Nearly £5m had been pumped into building new sports facilities in parks and open spaces, including outdoor gyms and £3m has been spent on a sports hub in Hornfair Park, providing new tennis facilities and a BMX park.
Other key findings of the report included the creation of more than 5,000 Games-related jobs; a bigger international profile for the borough that has served to attract inward investment from overseas firms, and a big boost to tourism.
"Achievements were brought about through working proactively in close partnership with the other host boroughs, the Olympic authorities, Government and the mayor of London," said a spokesman.
"Meanwhile the borough’s Olympic legacy planning successfully harnessed the energies and enthusiasm of businesses, tourism venues, third sector groups, schools, sports organisations and volunteers."
Council leader Chris Roberts said: "This is just the beginning and we will build on the success of the Games to promote these themes even further and to ensure that this Olympic Legacy is realised for many generations to come."