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CAA adds Asian Games stadiums to portfolio

The Hangzhou Sports Park includes an 80,000-seat stadium, a 10,000-seat tennis centre and a 10,000-seat aquatics centre. (Photo by VCG/VCG via Getty Images)

CAA China, the Chinese arm of the CAA sports and entertainment agency, has signed a strategic cooperation agreement with the owners of Hangzhou Sports Park.

The deal with Hangzhou Xiaoshan Asian Games Stadium Investment and Construction, a subsidiary of the China Construction Eighth Engineering Division, sees the parties cooperate in the fields of project investment; design and construction; operation and business consulting; venue commercialisation; and special cultural and sports projects.

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