The FOM-Institute for Plasma Physics Rijnhuizen is constructing Magnum-PSI; a magnetized (3 T), steady-state, large area (80 cm2) high-flux (up to 1 024 H+ ions m-2 s-1) plasma generator. Magnum-PSI will be a highly accessible laboratory experiment in which the interaction of magnetized plasma with different surfaces can be studied. This experiment will provide new insights in the complex physics and chemistry that will occur in the divertor region of the future experimental fusion reactor ITER. Here, extremely high power and particle flux densities are predicted at relatively low plasma temperatures. Magnum-PSI will be able to simulate these detached ITER divertor conditions in detail. In addition, conditions can be varied over a wide range, such as different target materials, plasma temperatures, beam diameters, particle fluxes, inclination angles of target, background pressures, magnetic fields, etc., making Magnum-PSI an excellent test bed for high heat flux components of future fusion reactors. The design phase of the Magnum-PSI device has been completed. The construction and assembly phase of the device is in progress. In this contribution, we will present the design and construction of the Magnum-PSI experiment. The status of the vacuum system, the 3 T superconducting magnet, the plasma source, the target plate and manipulator, and additional plasma heating will be presented. The plasma and surface diagnostics that will be used in the Magnum-PSI experiment will be introduced. © 2010.