POZZOCRETE 73 is especially produced for this outstanding project. The current construction phase involves the construction of the main Museum building, and implementation of the Master Plan, landscape parks and surrounding site infrastructure. A joint venture between Egypt’s Orascom Construction Industries (OCI) and the Belgian BESIX Group was awarded the contract for this phase of the GEM in a deal valued at $810 million which was signed on January 11th, 2012. Works started on February 1st 2012 and will be completed in July 2015.
The project was launched in March 2012 with a budget of $800 million. A big part of the money is coming from the Japan International Co-operation Agency and the remaining amount was meant to come from the Egyptian government.
Tourists will be optionally charged one dollar per night to ensure the projected is completed on deadline in August 2015.
The museum will overlook the Giza pyramids and will hold many of Egypt’s archeological treasures displayed in chronological sequence of historical periods.
However, the unrest in the region and country has pushed Egypt through a financial low. Several excavations have been halted due to loss of foreign-funded archeological digs.
Antiquities Minister Mohamed Ibrahim said the museum will draw back tourists, with reopening of tombs and temples which have been closed due to restorations.
Officials estimate the opening of the museum will attract eight million visitors in the first two years.