Louvre and Guggenheim museums given green light

25/01/2012 - Dubai Investment News Posted by Neil King
Louvre and Guggenheim museums given green light

Abu Dhabi has confirmed that it has given the go-ahead for the completion of the Louvre and Guggenheim museums after construction delays.In a statement, the executive council of the emirate said that it had "approved the budgets and deadlines for the inauguration of projects on the island of Saadiyat, particularly the Louvre, Guggenheim, and Sheikh Zayed" museums.Despite this assertion, the executive council has declined to offer an official timeline for completion of the ambitious project.Designers of the Abu Dhabi Guggenheim museum hope that once the construction work is complete, the venue will be larger than the existing Guggenheims in New York, Berlin and Bilbao.The announcement is further proof that against the backdrop of ongoing economic troubles elsewhere in the world, Abu Dhabi continues to plough on with a number of landmark construction projects.Indeed, the emirate hopes to have successfully diversified its economy by 2030.