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Louvre and Guggenheim expanding to UAE capital
- United Arab Emirates: Wednesday, January 25 - 2012 at 10:44
Abu Dhabi has unveiled plans to resume suspended real-estate projects including branches of the Louvre and Guggenheim museums after reviewing their viability, Bloomberg has reported. At least $30bn worth of projects were put on hold in Abu Dhabi while the government conducted the review. The emirate's executive council said budgets and opening dates have been approved for museum projects in the cultural district of Sadiyat Island, including the Zayed National Museum, and franchises of the Louvre and Guggenheim branches. Other projects include the construction and redesign of the Al Ain National Museum and the cultural Hilli site. The council also approved the building of 13,150 homes for Emiratis in North Al Wathba, it said. Another 7,608 villas are expected to be completed this year and delivered to the government, it added.
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StaffWednesday, January 25 - 2012 at 10:44 UAE local time (GMT+4)
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