By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Lighthouse Education aims to complete two acquisitions by 2024-end
    Lighthouse Education aims to complete two acquisitions by 2024-end
    May 30, 2023
    Al-Bahi family exits Fancy Foods, studies new investment opportunities
    Al-Bahi family exits Fancy Foods, studies new investment opportunities
    May 30, 2023
    UNFPA, Pharco sign cooperation protocol to support Egypt’s family planning
    UNFPA, Pharco sign cooperation protocol to support Egypt’s family planning
    May 30, 2023
    Meeting addresses ways of cooperation to enhance partnership in environmental, climate investment
    Egypt, Italy discuss joint cooperation in environment
    May 30, 2023
    Do startups suffer from exaggerated financial valuation?
    Do startups suffer from exaggerated financial valuation?
    May 30, 2023
  • Politics
    PoliticsShow More
    European support needed as Egypt hosts millions of refugees: Shoukry
    European support needed as Egypt hosts millions of refugees: Shoukry
    May 30, 2023
    Iran-Oman ties enter investment stage, says Iranian president
    Iran-Oman ties enter investment stage, says Iranian president
    May 30, 2023
    Palestinian killed, 8 injured by Israeli soldiers in northern West Bank: Medics
    Palestinian killed, 8 injured by Israeli soldiers in northern West Bank: Medics
    May 30, 2023
    Iranian Supreme Leader Ali Khamenei welcomes activating ties with Egypt
    Iranian Supreme Leader Ali Khamenei welcomes activating ties with Egypt
    May 30, 2023
    All Israeli settlements, including Homesh, are illegal: Palestinian Presidency
    All Israeli settlements, including Homesh, are illegal: Palestinian Presidency
    May 30, 2023
  • Interviews
    InterviewsShow More
    I changed my artistic path to create ‘state of wonder’: Tarek Lotfi
    I changed my artistic path to create ‘state of wonder’: Tarek Lotfi
    May 25, 2023
    I adore Ramadan drama, ‘Telt Al-Talata’ series achieved great success: Ghada Abdel Razek
    I adore Ramadan drama, ‘Telt Al-Talata’ series achieved great success: Ghada Abdel Razek
    May 8, 2023
    We aim to establish Egypt as nearshore centre for Software AG for MET region: Rami Kichli
    We aim to establish Egypt as nearshore centre for Software AG for MET region: Rami Kichli
    April 29, 2023
    Egypt-Spain relations witness remarkable development in recent years: Spanish ambassador in Cairo
    Egypt-Spain relations witness remarkable development in recent years: Spanish ambassador in Cairo
    April 18, 2023
    "Al-Asly" series saw my first leading role in TV drama: Reham Abdel Ghafour
    “Al-Asly” series saw my first leading role in TV drama: Reham Abdel Ghafour
    April 16, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Antiquities Ministry to complete tender system study of Grand Egyptian Museum’s management by December
Share
Notification
Latest News
Lighthouse Education aims to complete two acquisitions by 2024-end
Lighthouse Education aims to complete two acquisitions by 2024-end
Business
Al-Bahi family exits Fancy Foods, studies new investment opportunities
Al-Bahi family exits Fancy Foods, studies new investment opportunities
Business
UNFPA, Pharco sign cooperation protocol to support Egypt’s family planning
UNFPA, Pharco sign cooperation protocol to support Egypt’s family planning
Business
Meeting addresses ways of cooperation to enhance partnership in environmental, climate investment
Egypt, Italy discuss joint cooperation in environment
Business
European support needed as Egypt hosts millions of refugees: Shoukry
European support needed as Egypt hosts millions of refugees: Shoukry
Egypt Politics
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Tourism > Antiquities Ministry to complete tender system study of Grand Egyptian Museum’s management by December
Tourism

Antiquities Ministry to complete tender system study of Grand Egyptian Museum’s management by December

Basma Ragab
Last updated: 2017/11/27 at 7:59 PM
By Basma Ragab 3 Min Read
Share
SHARE

A senior official in the Ministry of Antiquities said that it will complete studying the tender system for the Grand Egyptian Museum’s management by the end of December.

The official added that the government seeks to assign the management of the museum to a global company with rich experience in this field, with the aim of making the building one of the most important attractions in the Middle East.

The cost of establishing the museum is estimated at $1bn, of which $860m is provided by the Japan International Cooperation Agency (JICA). Established on 117 acres, the Grand Egyptian Museum is set to be the world’s largest museum, with the main exhibition built on a third of its total area. The museum includes entertainment facilities and commercial buildings next to the museum garden, all of which make the museum a new monument by itself—ready to welcome 8 million visitors per year. The Ministry of Antiquities intends to transfer 2,000 antiquities to the Grand Egyptian Museum this year in preparation for its partial opening. More than 41,000 artefacts have already been transferred.

The official revealed that Japanese companies are likely to win the management of the museum.

The official, who spoke on condition of anonymity, attributed his prediction to the Japanese government’s contribution to the financing of the museum.

He added that the Japanese companies have a lot of experience in transferring technology and training other companies, which will prompt the Egyptian government to contract with Japanese firms in the coming period.

The museum will be completed in 2022, while its soft opening is set for 2018.

Minister of Antiquities Khaled Al-Anani, said that Japanese involvement will not end after the opening of the museum, as the ministry aims to benefit from Japanese experience in museum management.

The project’s supervisor, Tareq Tawfik, said the ministry is currently studying the bidding mechanism and the potential financial returns of assigning the project’s management to a foreign company. He added that the museum will also include cultural, touristic, commercial, and service facilities, that will contribute to promoting tourism in the region.

You Might Also Like

Egypt unveils ancient mummification workshops, tombs in Saqqara

Egypt: Ultimate family holiday destination

Pickalbatros Hotels & Resorts hosts 200 international tourism companies in cooperation with MTS Globe Egypt

Forbes selects Hisham Talaat Moustafa among Top 100 Travel & Tourism Leaders 2023 in the Middle East

Pickalbatros Resort Laguna Vista celebrates its first anniversary in Sharm El-Sheikh

TAGGED: antiquities ministry, Grand Egyptian Museum
Share this Article
Facebook Twitter Email Print
Previous Article Parliament tentatively agrees to nuclear power plants supervision law
Next Article Grand Ethiopian Renaissance Dam (GERD) on the Blue Nile River Egypt Ethiopia Sudan Daily News Egypt GERD has no significant impact on downstream countries: Ethiopian water minister
1 Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ad image
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Lighthouse Education aims to complete two acquisitions by 2024-end
Lighthouse Education aims to complete two acquisitions by 2024-end
Business
Al-Bahi family exits Fancy Foods, studies new investment opportunities
Al-Bahi family exits Fancy Foods, studies new investment opportunities
Business
UNFPA, Pharco sign cooperation protocol to support Egypt’s family planning
UNFPA, Pharco sign cooperation protocol to support Egypt’s family planning
Business
Meeting addresses ways of cooperation to enhance partnership in environmental, climate investment
Egypt, Italy discuss joint cooperation in environment
Business
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?