Phnom Penh Skyline

[ABDC]

Originally Posted by bokator

I don't see why not. This is a private investment. The money doesn't come from the government. If the investors decide to build it, will create more jobs for Cambodians.

I just dont want to see cambodia result like north korea when they spent 10% of their GDP to build a hotel. Even it private it still consume GDP from the country... It doesnt mean private company will get their money from other country GDP

[mrfusion]

Originally Posted by ABDC

Maybe there a better person than sam ramsy and hun sen.
But I think hun sen is not good enought he almost lead our country to failure of approved The diamond 555m, The tower will basicly cost atleast 10% of the whole nation GDP. I am so glade they didnt build it now. Only the most stupid government will approve a building that knowing it will consume 10% of the whole nation economy.

Hun Sen will approve anything, as it doesn't cost him or the government one cent. The 555m is a non-event but a Publicity stunt.

You need to get your facts right, if OCIC or anyone that matter can justify the ROI and decide to build it, it will create thousands of jobs, if anything, it will increase the GDP by 10%.

Burj Khalifa cost $1.5B, given cheaper labor, the 555m here should not cost more then $1B to build, to get a comparison, the developer plan to spent $1B in redevelop Bokor.

[mrfusion]

Originally Posted by ABDC

I just dont want to see cambodia result like north korea when they spent 10% of their GDP to build a hotel. Even it private it still consume GDP from the country... It doesnt mean private company will get their money from other country GDP

Is it a private or public investment? And which hotel?

[AsianDragons]

public, Ryugyong hotel Pyongyang, you can check their thread on ssc

[mrfusion]

Originally Posted by AsianDragons

public, Ryugyong hotel Pyongyang, you can check their thread on ssc

Ryugyong cost like $750m and take like 25 years to build, North Korea GDP is like $30B, where is this 10% estimate?

It is a very worthwhile project compare to blow up the $850m in its rocket launch.

[ABDC]

Originally Posted by mrfusion

Ryugyong cost like $750m and take like 25 years to build, North Korea GDP is like $30B, where is this 10% estimate?

It is a very worthwhile project compare to blow up the $850m in its rocket launch.

The hotel cost 750m for the concret shell only. to complete the whole project it would cist extra 2b.

[ABDC]

i Dont think we need the 555m. spend all those money on other wise stuff is better.

[mrfusion]

Originally Posted by ABDC

The hotel cost 750m for the concret shell only. to complete the whole project it would cist extra 2b.

but it probably not NK's government's money, it was Russian money, and then prehaps South Korea's money.

[mrfusion]

Originally Posted by ABDC

i Dont think we need the 555m. spend all those money on other wise stuff is better.

I agree we don't need it, but is not up to us, nor the government to decide if it is a worthwhile project.

[kvaaa]

Originally Posted by ABDC

i Dont think we need the 555m. spend all those money on other wise stuff is better.

You have no idea what so ever about the impacts of a tall skyscraper.
I guess the the money should be saved for beer and wine hah.....

[mrfusion]

Originally Posted by kvaaa

You have no idea what so ever about the impacts of a tall skyscraper.
I guess the the money should be saved for beer and wine hah.....

In places like HK, there is a demand for it, in most place, it is all about pride.

Dubai, Taiwan, China can afford these pride, Cambodia cannot, well, not yet.

[mrfusion]

Originally Posted by ABDC

The hotel cost 750m for the concret shell only. to complete the whole project it would cist extra 2b.

$2B, they can probably demolished it and build another Burj ​Khalifa with those money.

Anyway, the problem isn't what percentage of GDP this represent, the problem the building is poorly built.

Buildings in Cambodia may not (maybe, I don't know) meet Australia/American standards, but they are still safe.

[ABDC]

Originally Posted by kvaaa

You have no idea what so ever about the impacts of a tall skyscraper.
I guess the the money should be saved for beer and wine hah.....

u must becrazy if u want the impact of 555 i prefer built 5 of <200m skyscraper instead of 1, 555m

[ABDC]

Originally Posted by mrfusion

but it probably not NK's government's money, it was Russian money, and then prehaps South Korea's money.

The 555m wasnt Cambodia's gov money either...
The NK hotel was funded by soviet unoin before 1991. that mean the russain funded only 750m. South korea doesnt fund north korea at all since they are the worst enermy. now the building is recostruct in 2008. The exteroirs seem to be finishes but not interois. The egyptian company is the one that rebuild the hotel.
at first north korea GDp per capita is more than south but after wasting all there money on the hotel. south korea took a very far lead in GPD per capita.
The hotel doesnt only distory NK Reputation but economy, food shortage, Embarrasment, estimated 3million people died of food shortage in north korea. Some people even eat grass

[mrfusion]

Originally Posted by ABDC

The 555m wasnt Cambodia's gov money either...

Exactly, so why exactly is it a negative thing for Cambodia if someone decide to build it, which suppose to stimulate the economy by all the extra employments.

The NK hotel was funded by soviet unoin before 1991. that mean the russain funded only 750m. South korea doesnt fund north korea at all since they are the worst enermy. now the building is recostruct in 2008. The exteroirs seem to be finishes but not interois. The egyptian company is the one that rebuild the hotel.

Ok, First the Soviet, then the Egyptians.

at first north korea GDp per capita is more than south but after wasting all there money on the hotel. south korea took a very far lead in GPD per capita.

Excuse me, economic is not my strongest, who wasted on the hotel.

The hotel doesnt only distory NK Reputation but economy, food shortage, Embarrasment, estimated 3million people died of food shortage in north korea. Some people even eat grass

Why do we blame on the building with the food shortage to NK?

Even if the Soviet did not fund the project, I don't think it means the NK government will have extra $750m to makes its people better. And been the most corruptive country in the world, the people would have suffer anyway.

[kvaaa]

Originally Posted by ABDC

The 555m wasnt Cambodia's gov money either...
The NK hotel was funded by soviet unoin before 1991. that mean the russain funded only 750m. South korea doesnt fund north korea at all since they are the worst enermy. now the building is recostruct in 2008. The exteroirs seem to be finishes but not interois. The egyptian company is the one that rebuild the hotel.
at first north korea GDp per capita is more than south but after wasting all there money on the hotel. south korea took a very far lead in GPD per capita.
The hotel doesnt only distory NK Reputation but economy, food shortage, Embarrasment, estimated 3million people died of food shortage in north korea. Some people even eat grass

you must be listening too much to someone's propaganda machine!!!

[kvaaa]

Originally Posted by ABDC

u must becrazy if u want the impact of 555 i prefer built 5 of <200m skyscraper instead of 1, 555m

This guy makes no sense. It must be Fulltimer, Ankor123 or whatever it used to be.

[bokator]

Originally Posted by ABDC

at first north korea GDp per capita is more than south but after wasting all there money on the hotel. south korea took a very far lead in GPD per capita.
The hotel doesnt only distory NK Reputation but economy, food shortage, Embarrasment, estimated 3million people died of food shortage in north korea. Some people even eat grass

I don't see how building a hotel relate to poor economy and food shortage.

[LamDai]

are there any new skyscrapers ?

[AsianDragons]

lots of proposals some new construction such as olympic committee building 10 floors