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Ms. Peters said the federal money would pay for about one-third of the work on the first phase, which is expected to cost more than $4 billion.
Work on the first phase of Abu Dhabi's own media production zone, one geared toward television, is under way.
He said seeing the construction on the first phase was like watching the freeways being built decades ago — one section at a time.
Construction on the first phase will begin this summer.
Officials estimated that construction on the first phase of the project would begin by June 2002.
Work was completed this September on the first phase of the project, which included the addition of 968 luxury seats.
The company hopes to start work on the first phase in March and finish it by Nov. 1, 2001.
Eva Jiricna, a London architect, has been hired as a consultant on the first phase of the museum's plans.
Groundbreaking on the first phase of the Roosevelt Island campus is expected by the beginning of 2015.
Morocco's king will switch on the first phase of a concentrated solar power plant on Thursday that will become the world's largest when completed.
Ten years on, the first phase of the $170million public-privately funded project, from Gansevoort to 20th Street, is about to be completed.
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