The Cabinet approved the draft public-private partnership contract for the designing and construction of the polyvalent stadium of national interest Chisinau Arena, IPN reports.

The contest to choose the private partner was held during May 5 - July 4 this year. Later, the Government negotiated the contractual conditions with the contest winner – the Turkish company “Summa”.

Under the contract, the private partner will design and build the polyvalent arena and will equip this and will also build roads, connect the facility to public utilities and will perform other infrastructure activities.

The Chisinau Arena will have a capacity of 3,000 to 5,000 seats. This will host different events, such as sports competitions, congresses and concerts. The project will be implemented based on a public –private partnership during about a year.