Work begins on 100,000 capacity stadium in Guangzhou

FILE PHOTO: A rendering of Guangzhou Evergrande's new 100,000-seat soccer stadium in Guangzhou, Guangdong province, China is seen in this handout provided to Reuters on April 22, 2020. Evergrande Group/Handout via REUTERS

(Reuters) - Evergrande Group has begun work on what will be the world's largest purpose-built soccer stadium, with a capacity of 100,000 seats, in the southern city of Guangzhou, the Chinese real estate company has said.

Construction of the Guangzhou Evergrande Soccer Stadium, also dubbed "Lotus Flower Stadium" for its design, started on April 16 and would cost around 12 billion yuan ($1.69 billion) to complete, the group said.