M a r k e t N e w s
Construction of state-of-the-art Olympic stadium in Rwanda to begin end of year
Posted on : Tuesday, 23rd February 2016
Rwanda Housing Authority (RHA) has confirmed that the construction of the long awaited state-of-the-art Gahanga Olympic Stadium will kick off later this year.
The Rwanda Housing Authority (RHA) Director General, Eng. Didier Sagashya told the this website that the Gahanga Olympic Stadium is among multi-million dollar projects that by been contracted to Rwanda Housing Authority by the Rwandan Government.
He said, "We have developed the concepts and the next step is the feasibility study. Our plan is to make sure that the stadium together with the construction of the Rwanda International Exhibition Pack can fit on the same piece of land."
"We are going to meet with the Ministry of Sports and Culture and other partners so that we can discuss about the project designed concepts," he explained.
The project will be funded by the Ministry of Commerce, Ministry of Sports and Culture, Private Sector Federation (PSF), who have already mobilized funds.
The estimated budget of the whole project is around US $120m with the rate of inflation taken in consideration. US $60million will be spent on Olympic stadium while $50 million will be spent on the exhibition park."
The project will occupy 55 hectares of land and we were given ago ahead by the government so that the land can be used in the best way possible for the project to meet the international standard.
In June 2014, the government of Rwanda shelved plans to construct the modern 40,000 sitter stadium project by cancelling an agreement that had been signed with the Turkish construction company, Bibilax Ltd because faults were detected in the architectural designs.
When finalized, the Olympic stadium will not only serve as a football ground but it will also include of other facilities like the athletics track and field, along with hosting other sports facilities like the Olympic swimming pool and gymnastics facilities.
Source : allafrica.com/
