Giants eye Guggenheim bid

Three of the world’s biggest builders are planning to compete for the contract to build the Guggenheim Abu Dhabi Museum, as the emirate gears up to become a cultural centre of the Middle East.

Balfour Beatty of Britain, Murray and Roberts of South Africa and Leighton of Australia are considering bids to build the high-profile contract, which will be worth about US$750 million (Dh2.75 billion), senior officials said.

They may face competition from local rivals including Arabtec of Dubai and National Projects and Construction (NPC) of Abu Dhabi.