China and Tanzania signed on November 2 a construction pact for a 60,000-seat national stadium which is scheduled to host national and continental soccer matches in 26 months.

The stadium is calculated to cost more than 40 million US dollars, with Tanzania paying 23 million dollars of the bill and China contributing 20.5 million dollars.

The stadium will be up to the standards of the International Olympic Committee and FIFA.

A ground-breaking ceremony is planned for later this month and the construction starts in early January next year.

China's Beijing Construction Engineering Group has been contracted to build the stadium.

Source: Xinhua