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More than CNY¥7bn (£765m/€892m/$955m) is set to be invested into the development of the Tianfu Olympic Sports Park in Chengdu ahead of the Chinese city hosting the 2025 World Games multi-sport event.
Chinese news website Sohu reported that the investment would cover five projects, including the development of a CNY¥3.2bn Commercial Service Industrial Park, which will be used to attract conferences and exhibitions. A 100-acre Sports Medicine Industrial Park will also be built at a comparable cost.
Around CNY¥200m per project will also be spent on the development of an Olympic Sports Cultural Tourism Centre, a Water Sports Centre and a Marathon Track.
The city is currently undergoing a transformation in an attempt to position itself as one of China’s leading sports destinations, with a particular focus on the Eastern New District, where an increasing number of developments have been sprouting up over the past three years.
Nearly 10,000 athletes and officials participated in the recent FISU World University Summer Games, which concluded last month in Chengdu. Most of the competitions took place in the Longquanyi District, to the west of where the Tianfu Olympic Sports Park is being built.
The World Games will take place in Chengdu from August 7-15, 2025.
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