A Change of Guard

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Monday, 13 September 2010

Construction of Cambodia's tallest building suspended

The Gold Tower photographed here on 18th July 2010.

By Khmerization
Source: RFA

The construction of the 42-storey Gold Tower, touted to be the tallest building in Cambodia, has been temporary suspended.

Mr. Kim, a Korean national who is the construction manager of the building, said on Sunday that the construction of the building has completed up to the 31st floor, but he refused to reveal the reason for the suspension of the construction.

The construction of the $240 million 42-storey Gold Tower commenced in January 2008 and was scheduled to be completed in 2012. The building is owned by the Korean company Yon Woo Co., and the construction works are being done by Hanil Engineering & Construction Co.,. Yon Woo Co., said 60% of the building blocks had already been sold to Cambodian and Korean investors.

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