Abu Dhabi has been on an economic rise for the past couple of years and there is no end in sight. A museum is being built that is going to cost an estimated $621 million. It will sit over water and will have many precious artifacts within its walls. This museum will easily be worth its cost and much, much more.

Abu Dhabi Tourism Development and Investment Company said construction would start immediately with the aim of opening the museum in 2015, three years later than originally planned.

The contract was awarded to an Arabtec-led joint venture with Spanish company Constructora San Jose SA and Oger Abu Dhabi LLC "following a competitive tendering process," it said.

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"The contract, valued at 2.4 billion dirhams (around $621 million), signifies a major milestone in the progress of the Louvre Abu Dhabi," it added.

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