Bucharest to build sports arena “like no other” but opposition question €138mn price tag

Bucharest to build sports arena “like no other” but opposition question €138mn price tag
By bne IntelliNews March 12, 2019

Bucharest mayor Gabriela Firea announced that the city council endorsed the development of a 20,000-seat sports arena estimated to cost around €138mn.

Firea claimed that the project's cost should not be compared with those of similar projects in Romania since the Bucharest sports arena will be like no other: it will be certified to host almost any sports competition. 

And yet, critics compared the estimated cost of the project with that of a smaller arena (10,000 seats) developed in Cluj-Napoca. Liberal member of the city council Ciprian Ciucu argued that the Cluj-Napoca sports arena required an investment of only €17mn, one-eighth of the cost estimated by Bucharest municipality.

The entity authoring the project raised more question marks. The Company for Sustainable Development, one of the 22 municipal companies that were dismantled by a court order, had developed the project. The new arena would allow Bucharest to host international competitions and would help promote the city, according to the project drafted by the Company for Sustainable Development.

The municipality plans to complete the project in three years.

The new polyvalent hall will be close to the Lia Manoliu sports complex and the National Arena, in the eastern part of Bucharest.

Related Articles

Romanian businessman inaugurates single metre of motorway to demand better infrastructure

Around 1,000 people attended the innauguration ceremony of the first metre of motorway in Romania’s historic region of Moldova on March 15. The event was accompanied by 15-minute protests ... more

Turkmenistan bets on Black Sea-Caspian Sea International Transport Corridor

Turkmenistan, Romania, Azerbaijan and Georgia have established the Black Sea-Caspian Sea (BSCS) International Transport Corridor. The new trade route stretches from Turkmenistan's Caspian Sea port at ... more

Romania’s ruling coalition plans to bring country’s gold reserves home

Romania's Social Democratic Party (PSD) leader Liviu Dragnea and PSD senator Şerban Nicolae have submitted a project to change the law on the statute of Romania's National Bank (BNR) with the aim of ... more

Dismiss