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National Gymnasium


Olympic events
The sports events like volleyball match, gymnastics and handball finals will be held in National Gymnasium during the Beijing 29th Olympic Games in 2008.

Construction Location
The National Gymnasium is located in the west of Olympic Green Area B. It is close to the Olympic Village and the already-built National Olympic Sports Center.

Construction Size and Content
The National Gymnasium will be built as a standard gymnasium with a construction area of 40,000 m2 and 15,000 m2 for the basement parking. It will serve as the venue for the volleyball, handball and gymnastics events. Apart from the sports events area in the gymnasium, other facilities are also built for the athletes, umpires, technical officials, journalists and other Olympic staffs.

The gymnasium to be designed will have 16,000 permanent seats and 3,000 temporary seats, of which 18,100 are for the audiences, 150 VIP seats, 400 for journalists, 350 for athletes and several VIP boxes. The permanent use of the project has been taken into consideration. Some temporary seats will be added to meet the requirements of the Olympic Games.

Project Construction Requirements
The project will be designed and constructed in conformity with the technical requirements of the International Olympic Committee, the International Gymnastic Association, and International Handball Association. The energy-saving design and the newest digital technology will be adopted to protect the water resources and utilize new building materials and solar energy.

Project Construction Progress
According to the construction plan for the National Gymnasium, the project could roughly be divided into the following stages: preparation works, tender for Ownership, approval of the project proof, and construction of the project. See the following table for the detailed works and schedule in each stage.

National Gymnasium Construction Timetable is as follows:
Year 2002 2003 2004 2005 2006 2007 2008
Construction Works
Preparation Works
Tender for Ownership
Approval from the government
Construction schedule


Assessed Investment
The investment for the construction of the National Gymnasium is assessed to be RMB 642 million

Financing
Pre-assessed investment for the National Stadium is RMB 642 million. The owner will raise the fund.

Post-Olympic Use
After the Olympic Games the National Gymnasium could serve as a multi-functional complex facility for cultural and sports activities. It could be used for sports events, concert, ice or acrobatics and circus performances, taking into consideration various indoor sports activities, entertainment and computer games activities. Furnished with VIP boxes, it will provide services for meetings and guest reception. Famous sports brand products will also be sold in the gymnasium.

The owner will be fully in charge of maintenance and operation according to the legal business scope and Government regulations. The ownership period will follow applicable Chinese laws and regulations related to the commercial property.

Ps. The National Gymnasium and Olympic Village will be bundled together for the ownership tender.

 

   
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