The pieces will be made in China using the world'sbiggest 3D printer and then assembled in place in TrafalgarSquare in London and Times Square in New York.
The fate of the UNESCO world heritage site of Palmyra seems to be tragically sealed as the Islamic State militia gained control of the Syrian city.
Hours after the Syrian troops recaptured Palmyra from the clutches of Islamic State, photographs emerged showing the damage the terrorist group has inflicted on the ancient city.
Syria's antiquities chief Maamoun Abdulkarim said on Sunday that sources in Palmyra had confirmed that the Arch of Triumph, a jewel in the exquisite collection of ruins in the city, had been blown up.
How much do you know about Shah Jahan, Mumtaz Mahal and the Taj Mahal?
'It was only relatively recently that Subhash Kapoor was able to secure the sources in India, Afghanistan and Cambodia, that allowed him to get the really highest level objects, and that helped propel him in recent years up the ranks.'