Technogym is the leading company in the Wellness and Fitness field all over the world. With 2,200 employees, 14 branches in Europe, U.S., South America, Asia and Australia, Technogym exports its…read more
Hong Kong’s US$2.9 billion Kai Tak sports complex set for 2020 completion
The Hong Kong Government is to publicly fund its planned 50,000-seat sports stadium with a retractable roof, 5,000-seat sports ground and 4,000-seat indoor sports centre on the former Kai Tek airport site.
Having previously sought private funding for what will be the city's biggest sports complex - located within the Kai Tak development area private sector involvement will be restricted to the ongoing management of the facility
The controversial sports complex will take up 28.2 hectares - roughly 8% of the whole development and will cost HK$23 billion (US$2.9 billion). Construction is planned to begin in mid-2016 and be completed by 2020.
Located on the harbourside in Kowloon, the new stadium will be at the heart of a sports hub occupying about 24 hectares of the 320-hectare site. In addition to the main stadium, the development will include a 5,000-seat public sports ground, a 3,000-seat Olympic-standard aquatic centre, 4,000-seat multi-purpose indoor arena, a water sports centre, a sports library and museum, sports promenade and community facilities, office space of at least 10,000 metres2, commercial space of at least 31,500 metres2, and public recreational facilities in a park setting. A network of cycling trails planned for area will also extend into the complex.
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