The Ministry of Youth and Sports and the Chinese Embassy on Thursday, 13th December 2012, put pen on paper for the construction of a multi-purpose stadium in the Central region.
The $30m project which will be financed with a Chinese Grant, will kick start in February 2013 by the contractor, Jiang Xi International Corporation for International Economic and technical Cooperation and is expected to be completed in a little over 2 years (26 months). The Government of Ghana has released a sum of GH₵ 6.6 million as government’s commitment to the project. Click here to view more pictures
The 15,000-seater capacity stadium will cover a total landmark of about 15,800 square meters and will have eight runway tracks, a football field with natural turf, two basketball courts and a handball court.
It will also have an outdoor tennis court, a boxing training field, a gymnasium, athlete dormitory rooms, LED electronic display system and audio system.
According to the Minister for Youth and Sports, Hon. Clement Kofi Humado, the project was part of the wish and flagship projects of the former President H.E. John Evans Atta Mills.
He expressed sincere thanks to the government of the Republic of China for the gesture and the Chiefs and people of Cape Coast for releasing a land for the stadium and said it will serve as a centre for youth development for people of Cape Coast and its environs.
At the signing ceremony of the construction agreement, the Economic Consular at the Chinese Embassy, Gao Wenzhi, expressed his government’s delight in partnering Ghana for the construction of the stadium. 
He said the sports complex was at the heart of the Chinese government and as a representative of the government here, he would make sure the programme designed for the construction will be followed to meet the deadline.