Man-Made Stadium, a $7.4 million (Rs 8.3 crore) facility in the city of Chittagong, will be built on the banks of the Saraswati River.
It is part of the Rs 6,400-crore National Stadium Project (NSP), which is set to be inaugurated by Prime Minister Narendra Modi and his cabinet in the coming weeks.
The NSP, which will be the largest infrastructure project in the country, aims to provide a modern, attractive and functional environment to promote the sport in the province.
It has been designed to accommodate a large number of fans, as well as to ensure safety and security in case of major disasters.
The project is also aimed at building a network of sports facilities, sports courts and educational institutions across the state.
“The project is being planned to provide an environment for a better sporting experience for all residents of the province, irrespective of their income level,” said a senior official of the National Stadium Authority (NSA), which has the final say on the project.
The government is yet to finalise the final details of the project, he added.
The NSP will be one of the largest sports infrastructure projects in the state and will take around three years to complete.
It will be connected with the existing sports facilities in the neighbouring province of Punjab and adjoining areas.