This was made known to newsmen at the signing of an agreement between the Ministry of Youth and Sports (MoYS), the Chinese government and the contractors of the project.
The 15,000-seater capacity stadium will cover a total landmark of about 15,800 square metres 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 and LED electronic display system and audio system.
According to the Youth and Sports Minister, Hon. Clement K. Humado, the project was part of the wish and flagship projects of the former President H.E John Evans Atta Mills.
He said the total cost for the stadium was estimated at US$300million and government had released a sum of GH¢6.6million as government’s commitment with the remaining amount to come from a Chinese grant.
Mr. Humado also said the project would be constructed by China Jiangxi for International Economic and Technical Cooperation and will be completed with 26 months.
He thanked 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.
The Economic Consular at the China 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.