Cape Town stadium: tender decision imminent

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13-03-2007
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IOL
the tender for cape town's r2,9-billion soccer world cup stadium is expected to be awarded by the city's bid adjudication committee on tuesday afternoon.
a consortium made up of murray & roberts and wbho has already been named as the preferred bidder.
the city council approved the budget for the multipurpose stadium last week, after an eleventh-hour r182-million guarantee from banking giant investec to cover a shortfall.
the stadium, on green point common, is to be used as a semifinal venue for the 2010 event.
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