Bankrupt builder halts work on Amsterdam museum
Construction on the new wing of Amsterdams's modern art Stedelijk Museum has been halted after it emerged that the contractor is on the brink of bankruptcy.
In response to an article published in today's edition of , Councillor Carolien Gehrels - responsible for culture - confirmed that the construction firm Midreth is unable to fulfil its contractual commitments. On Thursday, all 120 workers abandoned the building site when it was revealed that Midreth is unable to pay its creditors.
The Rabobank has taken over leadership of the construction company. It's expected that Midreth, which has been experiencing financial difficulties for some time, will file for bankruptcy.
The museum has voiced concerns about possible damage to the works of art, as glass setters also left the site with the builders, while the building is not yet water or windproof.
The Stedelijk Museum for contemporary art and design has been closed since 2004 for renovations. Its old section re-opened briefly at the end of last year and was due to re-open on 3 March.
© Radio Netherlands Worldwide 2010
© Radio Netherlands Worldwide