CHINA TOPIX

11/04/2024 01:02:20 pm

Make CT Your Homepage

Chinese Firms to Construct World's Tallest Twin Towers in Cambodia

Chinese Firms to Construct World's Tallest Twin Towers.

(Photo : Getty Images) A Chinese consortium has secured a multi-billion dollar contract to to build the world's tallest twin towers in Cambodian capital Phnom Penh.

A consortium led by Chinese construction company, Sino Great Wall International, won a $2.7 billion contract on Thursday to build possibly one of the world's tallest twin towers in the heart of Cambodian capital Phnom Penh.

Reuters reported that the contract will become effective once the consortium, which also includes another Chinese company Wuchang Shipbuild­ing Industry, finalizes the funding process.

Like Us on Facebook

Both Chinese companies said in a statement that the twin tower project will be located in a high-class area in the Phnom Penh city center. It will include host of facilities such as residential areas, commercial areas, exhibition halls, and hotels, as well as an underground parking lot.   

The contract will last for five years or 60 months, according to the information revealed by Sino Great Wall's latest filing in the Shenzhen stock exchange.               

After completion, the 133-storey skyscrapers are poised to become not only the tallest world trade center in the Southeast Asian region but also the tallest twin towers in the world.

At present, the 39-story Vattanac Capital building is the tallest twin tower in Cambodia. However, it did not achieve the desired commercial success with only 30 percent occupancy rate in the middle of the previous year.

At the global level, the coveted status of the world's tallest twin building goes to the 88-storey Petronas Twin Towers in Kuala Lumpur, Malaysia. Other famous twin constructions in the world are JW Marriott Marquis and Emirates Towers in Dubai. China's SPG Global Twin Towers also rank among the world's tallest twin buildings.      

Real Time Analytics