The Cleveland Museum of Art will open a new exhibition room for its Japanese art on June 16 as part of a $350 million renovation and expansion project.

"We regard it as one of the most important Japanese collections in North America," museum President David Franklin said at an event in New York to announce the opening.

The museum's Japanese art collection, including the medieval statue "The Buddha of the Western Paradise, Amida Nyorai," will be displayed in the new gallery after 10 years of not being shown, the museum said.

Beginning next February, the museum will display about 50 pieces of Japanese artwork for three months on loan from the Tokyo National Museum at a separate special exhibition hall in the building.