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Construction of Louvre Abu Dhabi begins
- United Arab Emirates: Wednesday, May 27 - 2009 at 11:31
The UAE and France have formally launched the Louvre Abu Dhabi project, which is being built on Saadiyat Island, the future Cultural District of Abu Dhabi. The museum will cost Dhs400m in addition to a franchise fee of $1bn (Dhs3.67bn) for using the Louvre brand name and for hundreds of artworks loaned from the Paris museum for periods of between six months and two years. The Louvre Abu Dhabi is one of five museums to be built on Saadiyat Island, a vast complex of luxury hotels, golf courses, marinas and private villas set for completion in 2018.
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StaffWednesday, May 27 - 2009 at 11:31 UAE local time (GMT+4)
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