VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
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
Related coverage
China Digital, Jay Chou to set up e-sport gaming company
18 Feb 2016
Wu Minxia to launch personal brand MXW
21 Sep 2017
A crossroad for Chinese sports brands: what have they done to expand their business?
14 Sep 2017
12 Aug 2016
3 sports companies release 2017 interim report
31 Aug 2017
More from Yutang Sports
SportAccord 2024 makes a memorable return to Birmingham
13 Apr 2024
Wiz-Team provides smart event management system for SportAccord 2024
14 Mar 2024
SportAccord’s conversation with FEI President Ingmar De Vos: Equestrian sport’s road to Versailles
22 Apr 2024
SportAccord Plenary Conference had fruitful talks about the soft power of sport
17 Apr 2024
Yutang Sports Appointed as the Official Media Partner of the Future of Sport
14 Jun 2023
Yutang Sports
loading...