Cambodia Building 555m Skyscraper

Reuters, 09.02.2010

Phnom Penh – Cambodia is aiming for the record books with an ambitious plan to construct Asia's tallest building, a 555m skyscraper worth $200m, Prime Minister Hun Sen said on Wednesday.

The building would be five times taller than the country's present highest structure, the new, 32-storey Canadia Bank Tower, which dominates the Phnom Penh skyline, where buildings of more than five floors stand out.

If the project goes ahead, it would top the Taipei 101 Tower, the Shanghai World Financial Centre and Kuala Lumpur's Petronas Towers – the world's three tallest buildings after the 828m Burj Khalifa in Dubai.

"It will be shorter than the one in Dubai and taller than any buildings in Asia, and I think we can do it," Hun Sen announced during a university graduation ceremony on Wednesday.

"We don't have to be too conservative and we also don't need to be too outdated," Hun Sen added, brushing off criticism from cultural groups concerned that a construction boom was threatening the city's French colonial architecture.

Hun Sen said the proposal had been made to the country's Land Management Ministry and local lender Canadia Bank would be involved in the project.

However, real estate companies questioned whether there was much demand for a building half a kilometre high in the capital of one of Asia's poorest countries.

"Where would the investors come from?" said Sung Bonna, CEO of Bonna Real Estate Group in Phnom Penh.

"We are concerned about the shortage of demand and occupancy rates so we need time, but we hope this dream comes true."

Call Project Technology Solutions today to arrange a live demonstration of the power of web based construction software.

Project Technology Solutions (ProTech)
Preferred Dealer for Procore - Web Based Construction Software
866-570-4640

Posted by ProTech at 9/2/2010 1:07 PM
Categories: News
Tags: Cambodia Skyscraper procore dealer web based construction software Asia's tallest building protech tallest skyscrapers
 

What did you think of this article?




Trackbacks
Trackback specific URL for this post
  • No trackbacks exist for this post.
Comments
Display comments as (Linear | Threaded)

Leave a comment

 Name

 Email (will not be published)

 Website

Your comment is 0 characters limited to 3000 characters.