Louvre Abu Dhabi

The Louvre Abu Dhabi is a planned museum, to be located in Abu Dhabi, UAE. On Tuesday 7 March 2007, the Louvre in Paris announced that a new Louvre museum would be completed by 2012 in Abu Dhabi, with a revised estimate in early 2013 for a completion date of 2015. These both fell short of the current projection of an opening in late 2016.^[2] This is part of a thirty-year agreement between the city of Abu Dhabi and the French government. The museum is to be located on the Saadiyat Island Cultural District, and will be approximately 24,000 square metres (260,000 sq ft) in size. The final cost of the construction is expected to be between €83 million and €108 million. In addition, US$525 million was paid by Abu Dhabi to be associated with the Louvre name, and an additional $747 million will be paid in exchange for art loans, special exhibitions and management advice.^[3]

• http://en.wikipedia.org/wiki/Louvre Abu Dhabi