DCT Abu Dhabi announces ¥1bln sponsorship of Teamlab phenomena Abu Dhabi from Inpex Corporation

  • Date: 23-Feb-2023
  • Source: Zawya
  • Sector:Tourism
  • Country:UAE
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DCT Abu Dhabi announces ¥1bln sponsorship of Teamlab phenomena Abu Dhabi from Inpex Corporation

Abu Dhabi: The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has signed a Memorandum of Understanding (MoU) with INPEX CORPORATION (INPEX), through its subsidiary Japan Oil Development, Co., Ltd. (JODCO), for ¥1 billion Japanese yen (US$ 7.646 million) sponsorship of the upcoming teamLab Phenomena Abu Dhabi.

The MoU was signed by HE Saood Abdulaziz Al Hosani, Undersecretary of DCT Abu Dhabi, and Mr. Hiroshi Fujii, President and CEO, JODCO.

The experiential art space is being developed by DCT Abu Dhabi in partnership with Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, and Tokyo-based international art collective teamLab. Visitors and residents will be able to access the unique experience, based on the ‘environmental phenomena’ concept by teamLab, after construction has completed in 2024.

teamLab Phenomena is located in Abu Dhabi’s Saadiyat Cultural District, which is the home of Louvre Abu Dhabi, Berklee Abu Dhabi and Manarat Al Saadiyat. It is also site of several key cultural projects that are currently being developed, including Zayed National Museum, Guggenheim Abu Dhabi and the Natural History Museum Abu Dhabi.

HE Mohamed Khalifa Al Mubarak, Chairman of DCT Abu Dhabi, said: “The UAE’s longstanding ties with Japan span several generations over half a