Contract
The Guggenheim press release notes that "Abu Dhabi's Tourism Development & Investment Company...will own the museum", while "he Guggenheim Foundation will establish and manage" its program. William Mack, Chair of the Guggenheim Foundation, said: "It is with a keen sense of historical precedent and with an abiding commitment to cultural exchange as a bridge to international understanding that the foundation enters into this agreement to establish a Guggenheim museum in Abu Dhabi."
Abu Dhabi's crown prince, Mohammed bin Zayed Al Nahyan, indicated that the "signing represents the determination of the Abu Dhabi Government to create a world-class cultural destination for its residents and visitors.
Read more about this topic: Guggenheim Abu Dhabi
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