From Al Masry Al Youm: New Egyptian museum to cost LE5 billion, says antiquities minister

Egypt's Antiquities Minister Mohamed Ibrahim Ali has announced the start of the final phase of construction at the Grand Egyptian Museum, scheduled for inauguration in 2015. The new museum is being built on the Cairo-Alexandria Road, overlooking the Giza Pyramids

Speaking at a press conference on Tuesday, Ali said that representatives from Besix Group, the Belgian company that won the bid for the project, recently attended a ceremony for the start of the final phase, along with a number of foreign ambassadors.

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