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
Lander Sports to establish sports towns company with RMB 100m
07 Aug 2017
Chairman of Infront China to join LeEco
29 Jan 2016
10 May 2016
Wanda’ Infront acquires majority stakes in Omnigon
28 Jan 2016
Shandong to establish a 5-billion-yuan eSports town
11 Dec 2017
More from Yutang Sports
Ingmar De Vos elected as the next ASOIF President
10 Apr 2024
Interview Part I with Martin Gibbs, Managing Director of SportAccord: the Power of Sport Is Real
21 Mar 2024
SportAccord Summit 2024 Logo Unveiled
29 Nov 2023
SportAccord Media Partners will ensure global audiences are primed with latest news in sport
02 Mar 2024
Wiz-Team provides smart event management system for SportAccord 2024
14 Mar 2024
Yutang Sports
loading...