According to the results of the competition on attracting investors an investment contract was signed between the Department of Economics and Investments, the Department of Education and Science, Youth and Sports, and LLC "A SKY" on the construction of a sports complex on Generala Vatutina Avenue in Desnianskyi district.

The estimated cost of construction of the arena-transformer, with a GBA of almost 14 thousand square meters, will be about 273 million UAH. The facility will be equipped with the highest standards.

"Each signed investment agreement is very important for the economic development of Kyiv, as it proceeds to the city budget, jobs, and infrastructure. Kyiv is the leader among Ukrainian cities in terms of attracting investment. We hope that the tendency of economic growth that has taken place in the past year will continue to be maintained", - said Oleg Svitlychny, Head of the Department of Investment and Foreign Economic Policy of the Department of Economics and Investments of KCSA.

Municipal enterprise "Kyiv Investment Agency" acted as a customer of preparatory (pre-investment) works for conducting an investment tender on the object of investment. During the work "Kyiv Investment Agency" has developed and agreed indicative technical and economic indicators and possible pre-project proposals with the Department of Urban Development and Architecture of the executive body of the Kyiv City Council (Kyiv City State Administration), the Department of Land Resources of the executive body of the Kyiv City Council State Administration), Department of Education and Science, Youth and Sports of the executive body of the Kyiv City Council (Kyiv City State Administration Registration) and Desniansky District State Administration in Kyiv.