(MENAFN - Qatar News Agency) Arabtec has bagged Tourism Development and Investment Company's (TDIC) US 653,345,735 (AED 2.4 Billion) main contract to construct Louvre Abu Dhabi, the Middle East's first universal museum scheduled to open in Saadiyat in 2015, according to a Dubai Financial Market (DFM) notification Tuesday.
Arabtec and its partners, Constructora San Jose Sa and Oger Abu Dhabi, will begin construction work immediately. The museum's concrete frame is set to be completed by the first quarter of 2014.
Designed by Pritzker-prize winning architect Jean Nouvel and with built-up area of 64,000 square meters, Louvre Abu Dhabi will comprise a complex of pavilions, plazas, alleyways and canals, evoking image of a city floating on sea.
The Louvre Abu Dhabi is poised to become one of the premier cultural institutions located in the heart of the Saadiyat Cultrual District, alongside the Guggenheim Abu Dhabi which will open in 2017 and the Zayed National Museum, opening in 2016, DFM bulletin said.