Dubai's Emaar Group, owner of the world's tallest tower Burj Khalifa today, continues to plan to build a tower more than 1 km. As expected, the new tower will "beat" the height of a tower project is Kingdom Tower skyscraper other by the Middle East's richest billionaire construction.
From Arabian Business report said Emaar chairman, Mohamed Alabbar, said that he wants to build a tower higher in Asia, and he has identified locations for the project. It seems, Emaar is not satisfied with the high performance of 828 m Burj Khalifa, the famous tower located in Dubai.
Very likely, this plan of Emaar will make Prince Alwaleed bin Talal of Saudi Arabia "uncomfortable". The prince, billionaire richest soil Middle East are building a skyscraper tower in Jeddah, the second largest city in Saudi Arabia after the capital Riyadh. As expected, when completed it will usurpation world's tallest tower Burj Khalifa that holds.
Prince Alwaleed tower that was built called Kingdom Tower, with a height of about 1 km designs. Meanwhile, Mr Mohamed Alabbar said that the project is about building the tower that he will "slightly higher" than the tower was built in Jeddah.
The construction of the tower is a task "related more to issues of safety and to ensure that all work is completed accurately. We have built many monumental things here and know what the value is, "said Mr Alabbar.
Mr Alabbar also said that the preliminary drawings of the project had. However, he did not disclose the time of commencement of the project, saying only that it would be a special moment. Also, no information about the price of the project.
A height of 828 meters and 160 floors, Burj Khalifa cost $ 1.5 billion under construction. This tower was put into operation in early 2010.
Meanwhile, the Kingdom Tower project with about 156 floors preliminary estimates will also spend some of the money from Prince Alwaleed 1.2-1.3 billion. This project will open in 2017 after more than 5 years of construction.
Last year, a Chinese investor caused a stir when a plan to build the world's tallest tower, called Sky City, located in the city of Changsha Xiangjiang River, includes 220 stories. As expected given the meantime, this tower will be 838m high and was completed at the end of quarter 1/2013, ie after 90 days of construction. However, so far, has been no new information about the project "crisis" is.
Emaar Group is a renowned real estate in the Middle East. In 2012, the company's stock price rose more than 80%, marking a recovery from the global crisis. Last year net profit of Emaar rose 18% to $ 577 million. Revenue reached 2.24 billion USD.
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