Friday, February 29, 2008

Second phase of Grand Egyptian Museum finalized in March

Egypt State Information Service

Minister of Culture Farouq Hosni said the Grand Egyptian Museum near the Cairo-Alexandria desert road is being carried out on 117 feddans and is expected to be the biggest in the world.

The second phase includes a center for renovating antiquities, a warehouse, an electricity station and a fire station, in addition to a number of buildings, said Hosni.

He added that the project costs 550 million US dollars including 100 million in self-finance and 300 million dollars as a Japanese soft loan to be repaid after a 20-year grace period, in addition to 150 million collected from donations and local and international contributions.

1 comment:

Dr. Reality said...

I saw the statue of Ramses II at the site two years ago while on an Egyptian tour. The Egyptian Museum is great but certainly isn't big enough for the vast treasure collection so it will be great for a new Museum to do the collection justice. The Egyptians virtually defined civilization and literally made history worth learning about. Good show.