St. Petersburg terminates contract with 2018 WC stadium's constructor

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IANS St. Petersburg
Last Updated : Jul 16 2016 | 1:33 PM IST

The government of St. Petersburg terminated the contract with the Krestovsky Stadium's general constructor 'Transstroy' with only 11 months left before the 2017 FIFA Confederations Cup, 'Interfax' reported.

According to the vice-governor of the city Igor Albin, 'Transstroy' has been expressing three ideas since 2015: "We can't finish the work in time, we need more money, don't control us," reports Xinhua.

'Transstroy's representatives supposed that the government isn't going to terminate the contract, but to make the company more 'agreeable' to the local government's demands.

The termination of the contract will interrupt the process of construction for some time. The senator and the chairman of the Preparation Committee for 2018 FIFA World Cup noted that it can ruin the organisation of 2017 FIFA Confederations Cup, because the possibility of finding another stadium to host this event was not considered.

--IANS

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First Published: Jul 16 2016 | 1:20 PM IST

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