Jordaan was able to walk on the newly laid pitch and take in a view of a venue that has 40 000 of its 48 000 seats already installed. More than half of the 36 girders that will support the roof have been erected, and the columns, slabs, precast seating, precast raking beams and moat are already complete.
Like every other 2010 stadium, it has come at a price. The initial cost was estimated at R250-million, but this rose to R1,2-billion a year ago and it now stands at R1,95-billion, of which the Nelson Mandela Bay municipality will have to pay 10%.
Source:
Rags to riches for PE
Mail and Guardian Sports Leader Blog
February 5, 2009