In the late evening of August 4, a heavy news was quietly released: our well-known enterprises
Evergrande Group
announced externally that it had reached an agreement with the named assignee to terminate the contract, a move that formally marked the end of the original contractual relationship, while the
Evergrande Group
Guangzhou will be returned unconditionally
Evergrande (name)
land use rights for the soccer stadium project. In exchange, the transferee will make a one-off payment of up to RMB 5.52 billion to compensate for the refund of the land premium.
The identity of the transferee was revealed this time, and it turned out to be the Guangzhou Municipal Planning and Natural Resources Bureau.
Dating back to April 16, 2020, Canton
Evergrande (name)
The construction of the soccer stadium has officially kicked off. Originally scheduled for completion by the end of 2022, the project is expected to have a total investment of up to 12 billion RMB, covering an area of 150,000 square meters, with a total construction area of 493,800 square meters. Once completed, the stadium is expected to accommodate 100,000 spectators, and its grand scale and advanced technological equipment give it the potential to surpass Barcelona's Camp Nou Stadium as the world's largest, technologically advanced professional soccer stadium.
