Sydney, Jan 3: The iconic Sydney Cricket Ground is all set to get a major facelift ahead of the 2014 Ashes series for a whopping USD 191 million.
As per the renovation plan, three spectator stands will be demolished for a huge state-of-the-art grandstand.
Prime Minister Julia Gillard and NSW (New South Wales) Premier Barry O'Farrell have announced USD 191 million for the upgradation of the Bradman, Noble and Messenger stands on the occasion of SCGs 100th Test match today.
The reconstruction work at SCG will begin in March and is expected to be complete in time for the Ashes series against England in early 2014.
The SCG celebrated its 100th Test match today when India and Australia squared off in the second Test of the four-match series, and Prime Minister Gillard chose the occasion to honour the historic ground by announcing the renovation plans.
"This is an exciting project, not only for Sydneysiders but for all Australians, who have grown up watching the New Year's Test and relishing in the history and tradition of the ground," Gillard said in a statement.
"Today marks the beginning of the next stage of SCG's development to ensure it maintains its rightful place as a world-class sporting facility," she added.