Tuesday, September 7, 2010

Cambodia Spurs Development With Tallest Building in Asia

From fastcompany.com...

"Cambodia, despite, being one of the poorest nations in the world, has announced plans to build the tallest building in Asia, a 1,820-foot skyscraper in its capital, Phnom Penh. Some may applaud the idea as a step toward development, but for others the announcement is radically unnecessary, given the country's vast poverty and struggling socio-economic indicators. Wouldn't the $200 million dollars be better spent elsewhere? [...]

There is a precedent for building in uncertain times, such as the Empire State Building's construction during the Depression, but "economic development does not mean having the biggest companies or tallest buildings. It is worrying to see Cambodia take a Dubai approach to plant a foot on the world map," says Sinclair. But it seems Cambodia wants Siam Reap to be the next New York City and is willing to risk the well-being of millions of its citizens to reach that goal via a vision for Asia's tallest building."

Read more here

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