$8 Billion USD Was Spent to Construct Cultural Buildings Last Year

A total of 148 museums alongside cultural institutions were erected worldwide in 2018 and it took $8 billion USD for them to be constructed. The overwhelming amount of spending was reported in the third yearly Cultural Infrastructure Index published by AEA Consulting. Although this rather large number signals a slight decrease in spending since 2017 with the overall total from that year equaled $9.9 billion USD across the globe. The report claims that this is due to the hefty costs to build the ...