7 May 2010
Federal Infrastructure and Transport Minister, Mr Anthony Albanese, said as part of the redevelopment the MCA would become home to a new world-leading arts educational facility, reinforcing its reputation as one of Australia’s great art icons.
The project is part of Australia’s economic stimulus plan brought in to aid the country’s recovery from the global financial downturn, with the £31 million upgrade being jointly funded by the Australian (£8.5 million) and NSW (£7.7 million) governments. The balance is coming from the Museum itself and private donors.
NSW Premier, Kristina Keneally, said the funding and development would enable the MCA to rival modern art spaces such as New York’s Museum of Modern Art and London’s Tate Modern.
"The visionary redevelopment of the MCA will create enhanced opportunities to attract and compete for the best possible exhibitions and artists," Ms Keneally said.
"The MCA’s planned sculpture terrace - with a vista of our magnificent harbour - will rival the best art spaces in the world.
Work on the project is expected to commence as early as June and be completed by 2012.
Federal Arts Minister Peter Garrett said today’s announcement was very special.
"The MCA takes another exciting step, providing an incredible resource for the growing numbers, fired up with enthusiasm to learn, understand and experience cutting edge and modern art forms," he said.
"That this Centre has been made possible not only by government contributions, but also by a landmark act of philanthropy is to be applauded.
"It shows that collaborative relationships between governments and generous citizens can deliver benefits for this outstanding arts institution and provide immeasurable opportunities for the increasing numbers from home and abroad that flock to appreciate what the MCA has to offer."