Cricket Australia has expressed disappointment at being overlooked by the International Cricket Council to co-host the 2011 World Cup with New Zealand.

The ICC has awarded the global event to India, Pakistan, Sri Lanka and Bangladesh after a meeting of its executive committee in Dubai.

The four-nation Asia bid won by 10 votes to three over Australia and New Zealand.

But as a consolation prize, Australasia was awarded the 2015 event, with England handed the rights to the 2019 tournament.

Australia, the only country to win the biggest prize in one-day cricket three times, last hosted the World Cup with New Zealand in 1992, meaning it would have taken 23 years for the tournament to return down under by the time 2015 rolls around.

"It is disappointing to miss out on the 2011 World Cup," CA chief executive James Sutherland said.

"But I am pleased that the highly professional bid we made, which complied with a long list of strict criteria, and which was supported by governments, venues and others such as our member state cricket associations, has demonstrated to the ICC that Australasia will host a world-class tournament in 2015."

Australia and New Zealand had originally been the only countries to bid for the 2011 World Cup, but the ICC agreed to grant the four Asian nations an extension to April 21 after failing to meet the first deadline in March.

Australia, though, was awarded hosting rights to the 2009 ICC Women's World Cup.

Lalit Modi, vice president of the Board of Control for Cricket in India (BCCI), said much needed to be done to get the continent ready to host the cricketing showcase.

"We did a great job, the four countries put together an impressive presentation and we got 10 out of 13 votes," he said.

"We are looking forward to it. A lot of work has to go in. A lot of infrastructure needs to be put in place.

"We are mentally geared up for it. We will do the task at hand."

Former BCCI boss Raj Singh Dungarpur said giving the event to Asia would mean a great deal to millions of cricket fans.

"The whole decision process was cordial and that's how the noble game of cricket should be played on and off the field."

"It will bring joy to millions and millions of Asians."

New Zealand Cricket chief executive Martin Snedden said: "I believe our joint 2011 bid with Australia was of the highest possible standard and demonstrated that we could host a world class tournament in 2011, so I am naturally disappointed that we were unsuccessful.

"(But) the 2015 Cricket World Cup will be a great event for Australasia."

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