Construction of the new Cyprus Museum begins next month after Wednesday’s official signing of the agreement between the government and the construction consortium awarded with the contract.
The consortium is “Iacovou-Cyfield (M) Joint Venture” and the contract amounts to €143,924,216 including VAT.
The ambitious project is expected to be completed within 42 months and the contract provides for a two-year maintenance period. As well as an additional provision for negotiating a 10-year maintenance period.
The design of the new Cyprus Museum is by Theoni Xanthi of XZA Architects, who won a competition back in 2017.