The estimated cost of building an arena-transformer, with GBA of almost 14 thousand square meters, will be approximately 273 million UAH. The facility will be equipped with the highest standards.

According to the results of the competition on attracting investors an investment contract was signed between the Department of Economics and Investments, the Department of Education and Science, Youth and Sports and LLC “A SKY” on the construction of a sports complex on General Vatutin Avenue in Desnianskyi district.

The estimated cost of building an arena-transformer, with GBA of almost 14 thousand square meters, will be approximately 273 million UAH. The facility will be equipped with the highest standards. Depending on the type of sport event, the arena will accommodate up to 6,000 spectators and will have more than 1,100 parking spaces. Sport arena will be able to hold football, basketball and other types of sports. The arena can also be used for musical concerts, conferences and exhibitions. According to the terms of the investment competition, the investor pays the organizer of the tender funds for the creation of social, engineering and transport infrastructure of the city of Kyiv in the amount of not less than 5% of the estimated cost of construction of the Investment object, excluding VAT, which is not less than 11 million UAH.

“Kyiv Investment Agency” acted as a customer of preparatory (pre-investment) works for conducting an investment competition on the object of investment. During the work “Kiev Investment Agency” has developed and agreed indicative technical and economic indicators and possible pre-project proposals