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Dubai's Drake wins $113 Louvre Abu Dhabi museum contract

Published: 02 Sep 2013 - 08:24 am | Last Updated: 30 Jan 2022 - 12:11 pm

DUBAI: Dubai contractor Drake and Scull International has won a 415 million dirham or $112.99 million contract from the main developers assigned to build a branch of France's Louvre museum in Abu Dhabi, Drake said in a statement on Monday. 
 
Drake said the mechanics, engineering and plumbing contract was awarded by a joint venture led by Dubai-based Arabtec Holdings.
 
Abu Dhabi plans three museums near its downtown area as part of a drive to develop itself as a top tourism destination and diversify its economy beyond oil. 
 
The other two museums are a branch of the Guggenheim of the United States, and the Zayed National Museum.
 
The plan for the Abu Dhabi Louvre calls for "a complex of pavilions, plazas, alleyways and canals, evoking the image of a city floating on the sea". 
 
Hovering over the complex will be a 180-metre or 590-foot dome inspired by traditional Arabic architecture.
 
Drake posted a 63-percent rise in second-quarter net profit in August helped by new project wins and improved operating margins. (Reuters)