Firms bid to build Grand Egyptian Museum
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Forty companies are vying to build the final phase of Egypt’s new $550 million museum which will showcase the largest collection of pharaonic treasures in the world.
These firms submitted pre-bid documents for the main construction phase of the Grand Egyptian Museum, which will span 117 acres overlooking the great pyramids of Giza and will exhibit 100,000 artefacts.
The museum will include lavish gardens copying pharaonic designs, galleries and an archaeological research centre.
Egypt’s Orascom Construction Industries and its subsidiary BESIX Group have jointly submitted pre-bid documents, while other bidders include state-owned Arab Contractors and Spain’s Obrascon Huarte Lain.
At the launch of the third and final construction phase in February, $300 million of the museum’s cost would be funded through a Japanese loan, with the rest financed by the Egyptian government.
In February, a joint venture between U.S.-based Hill International and EHAF Consulting Engineers won a five-year, $50 million contract to manage the design and construction of the museum’s final phase.
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