Egypts Mega-museum to Be Launched in 2020

  • 12/23/2018
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On the Giza Plateau outside Cairo, thousands of Egyptians are laboring in the shadow of the pyramids to erect a monument worthy of the pharaohs, The Associated Press (AP) reported The Grand Egyptian Museum, intended to showcase Egypts ancient treasures, has been under construction for over a decade. It aims to draw tourists to help fund its future development. But the project has been subject to repeated delays, and costs have soared from an initial $650 million to well over $1 billion, with most of the financing coming from Japan. According to AP, Its the latest mega-project to be championed by President Abdel-Fattah el-Sissi, who is wagering that massive investments in infrastructure will revive an economy weakened by decades of stagnation.

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