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Sweden to build Nobel Prize Center in central Stockholm, incorporating museum and foundation

By: The Associated Press

Posted: 12/2/2011 5:19 AM | Comments: 0

STOCKHOLM - The Swedish foundation that administers the Nobel Prizes plans to build a new centre in Stockholm that will serve as a "focal point" for the awards.

The Nobel Foundation says the new 1 billion kronor ($145 million) Nobel Center, tentatively scheduled to open in 2018, "will underscore the role of Stockholm and Sweden as the home city and home country of the Nobel Prize."

Nobel officials noted Friday that neighbouring Norway's capital Oslo, where the Nobel Peace Prize is awarded, has a centre for that award, while Stockholm only has a Nobel Museum.

The new centre would incorporate the museum and also house the foundation's activities.

Prize founder Alfred Nobel decided the physics, chemistry, medicine and literature prizes should be awarded in Stockholm, and the peace prize in Oslo.

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