SportAccord scores Summit touchdown with NFL
18 Jan 2024 19:10
November 7: China Sports Event Management Co., Ltd. (CSEM) has led a group of companies in winning the bidding process for the Tongshan Sports Town construction project.
Located in Yizheng, Jiangsu Province, Tongshan Sports Town will be constructed and operated on a 25-year Public-Private-Partnership (PPP) mode, with the construction period no more than 5 years. Reportedly, the total investment in the project will be RMB 2.4 billion.
According to the Department of Finance of Jiangsu Province, the town will cover an area of 81.4 hectares in total, with the area for the sports facilities in the town totalling 24.9 hectares.
This new sports town will feature a sports training complex, an outdoor sports base for teenagers, a sports healthcare center and hubs for sports industry courses and sports products’ research and development.
Support facilities such as welcome centers, hotels, restaurants and shopping malls will also be built in the town. Additionally, the project includes infrastructure construction of the town, including 21 roads and streets, 4 recreational squares and the power supply system for the town.
China Sports Event Management Co., Ltd. is a subsidiary company of China Sports Industry Group, a company founded in 1998 and controlled by China’s General Sports Administration.
Source: Tencent and Department of Finance of Jiangsu Province
Proofread by Raymond Fitzpatrick
Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023 14:59
Related coverage
Sohu includes sports in its 2016 plan
04 Dec 2015
Alibaba Sports partners with Shanghai Sports Bureau
04 Jan 2016
Wanda’ Infront acquires majority stakes in Omnigon
28 Jan 2016
JoyRun raises US$18m in Round B fundraising
02 Dec 2015
Guangdong Advertising Group to take up 10% share of sports company
27 Apr 2016
More from Yutang Sports
SPORTACCORD 2024 INSIGHTS: Major Technology Trends Shaping Sports Sector
03 Jun 2024
SPORTACCORD 2024 INSIGHTS: How Gaming is Changing our World
07 May 2024
SPORTACCORD 2024 INSIGHTS: Harnessing the Soft Power of Sport
13 May 2024
SportAccord calls for the power of sport to lead anti-abuse actions
17 Apr 2024
SportAccord's Interview with Gillian Sanders: Challenges for women in sport
26 Apr 2024
Yutang Sports
loading...