The plan to develop Green Point as a semifinal venue for the World Cup was prematurely announced by the Minister in the Presidency, Essop Pahad, Western Cape premier Ebrahim Rasool and the city's former mayor, Nomaindia Mfeketo, early in February 2006. On 31 October 2006, the city of Cape Town gave the go-ahead for the construction of the stadium.
The construction of the stadium is hoped to be completed in 2008.
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