On July 4, 2001, the FEPAFUT was authorized by FIFA to build a stadium as part of the "Goal Project" after the national U-20 Squad qualified for the first time to the 2003 FIFA Youth World being held in the United Arab Emirates. The funding came from FIFA and the FIFA Financial Assistance Programme who donated $400,000 and $142,313 respectively. The Panamanian Government donated the land on which the stadium would be constructed in Penonomé. On February 23, 2003, Jack Warner inaugurated the stadium.