ST PETERSBURG: Even Brazil’s World Cup have not been delayed as long as this . . . St Petersburg city officials are seeking a new developer to finish the new Zenit stadium which should have been ready back in 2008.
Back then the budget for the stadium, which will play a key role at the 2018 World Cup, was estimated at £500,000. Now that has risen to £750m with the city having cancelled the its contract with developer Transstroy.
The SBD Global website reported that the agreement had been curtailed with the aim of “ensuring uninterrupted construction of the stadium”.
A city spokesperson added: “We’re annulling the contract not because we are unsatisfied with the developer’s performance but because due to substantial changes to the projects over the last few years, the city made a decision about holding a new tender.”
A tender to identify a new developer will open early next month, with the winner set to be announced in the second half of November. The bidding process is open to Russian and foreign companies.
The stadium is earmarked as the new home of Russian club Zenit St. Petersburg and should stage a semi-final of the 2018 World Cup as well as the Opening Match and Final of the 2017 Confederations Cup.
The stadium was originally scheduled to open in 2008.
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Friday, September 27, 2013
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