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Overview

Chinese Government provides $55 million grant for National Athletic and Football Stadium Renovation Project

Commitments (Constant USD, 2023)$59,609,981
Commitment Year•2012Country of Activity•GrenadaDirect Recipient Country of Incorporation•GrenadaSector•Other Social Infrastructure And ServicesFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2012
Start (actual)
Dec 17, 2013
End (actual)
Dec 17, 2015

Geospatial footprint

Map overview

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The Chinese government provided a grant to help renovate the National Athletic and Football Stadium in Saint George's Grenada. More detailed locational information can be found at https://www.openstreetmap.org/node/9858873098

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • China Ministry of Commerce

Receiving agencies

Government Agencies

  • Government of Grenada

Implementing agencies

State-owned companies

  • China State Construction Engineering Corporation (CSCEC)

Loan description

Chinese Government provides $55 million grant for National Athletic and Football Stadium Renovation Project

Narrative

Full Description

Project narrative

In April 2013, the government of Grenada said China had earmarked $31.49 million for the rebuilding of National Athletic and Football Stadium. The 18-month stadium project will include a complete redo of the football field and athletics track and 7,000 permanent seats, in addition to the existing bleachers. When completed, the stadium will include a pyramid shaped roof, a new eight lane Mondo track and aspects of 'green technology'. The stadium will replace the current structure, which was severely damaged by Hurricane Ivan in 2004. Subsequent reports indicated that the project itself cost EC $68 million ($25.19 million USD). According to a 2017 Government of Grenada source, China provided 10 million USD in 2012 to the Athletic stadium, 30 million USD in 2014, 15 million USD in 2015. The total of 55 million USD has been captured as the transaction amount. According to the 2016 estimates of revenue and expenditure, the form of financing is a grant. It should be noted that the Chinese Embassy has claimed that the Chinese Government provided EC $60 million to rebuild the National Athletic and Football Stadium in 2013, however, this figure is not reflected in the 2017 Grenadian Government source. The 55 million USD figure is therefore recorded as it is from the most recent Grenadian government source. A ground-breaking ceremony was held on December 17, 2013. According to the 2016 estimates of revenue and expenditure, construction works on this Chinese grant funded Project commenced in early 2014 and was expected to be completed in 18-24 months at an estimated cost of approximately $64.8 million. The project is now completed and will be handed over to the Government in the first quarter of 2016. The estimated cost of works undertaken during the course of 2015 is $15.0 million. China State Construction Engineering Company (CSCEC) finished construction on October 15, 2015, and the stadium was officially handed over on January 23, 2016.

Staff comments

Not to be confused with Record ID#39889