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Construction costs for Grand Egyptian Museum has been reduced from $1.6bn to only $700m, without compromising on quality, says El-Anany
Anany explained that the palace would take its visitors into a journey to the past, starting from the early stages of Baron Empain first building Heliopolis as a district of modernism and fascinating beauty. The palace is to open within the next few weeks.
The MoU stated that the exchange amount will be used to finance the ‘Restoration of Baron Empain Palace’ project, so as to provide an integrated gate for the restoration of the palace, and upgrade the current situation.