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Old December 2nd, 2015, 12:21 PM   #5581
Marco Polo
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It will deteriorate inside before it is finished....
What a waste of public money in this poor country. Lunacy.
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Old December 2nd, 2015, 12:23 PM   #5582
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Quote:
Originally Posted by humptydumpty7 View Post
Even Orascom now got screwed over by the NK government, as they lost control over Koryolink. (Article here: http://www.northkoreatech.org/2015/1...ver-koryolink/)
I thought this might happen. Now the cell phone equipment at the top of this tower also services the 'competition' to Orascom. The NK gov't simply tells the people "You are now on plan B, and everyone will switch". Devious.
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Old December 2nd, 2015, 10:24 PM   #5583
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Well, if you're gonna dine with the Devil, you better take a long spoon.

Orascom saw the possibility to make money using the all-powerful NK state to prevent competition, and now it gets screwed in turn. Karma, I think they call it.


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I thought this might happen. Now the cell phone equipment at the top of this tower also services the 'competition' to Orascom. The NK gov't simply tells the people "You are now on plan B, and everyone will switch". Devious.
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Old December 3rd, 2015, 10:42 AM   #5584
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What a waste of public money in this poor country. Lunacy.
When it was planned it wasn't a waste at all, it was an invitation for foreign investment, thus a small step for opening up:

Quote:
The plan for a large hotel was reportedly a Cold War response to the completion of the world's tallest hotel, the Westin Stamford Hotel in Singapore, in 1986 by the South Korean company SsangYong Group. North Korean leadership envisioned the project as a channel for Western investors to step into the marketplace.

A firm, the Ryugyong Hotel Investment and Management Co., was established to attract a hoped-for $230 million in foreign investment. A representative for the North Korean government promised relaxed oversight, allowing "foreign investors to operate casinos, nightclubs or Japanese lounges". North Korean construction firm Baikdoosan Architects & Engineers began construction on a pyramid-shaped hotel in 1987.
The hotel was an invitation for foreign firms to enter the NK market, which would have been beneficial for the whole country in the long term. (Foreign investment = key to economic growth and opening up for poor countries)

The fall of the Soviet Union killed the NK economy (which was already pretty bad) and thus this project died too.

Too bad actually, this hotel might have had a kickstarter effect for foreign business in NK and might have led to some economic stability and sustainability.
Maybe then NK would't have to implement the military-first-policy in 1994 (making the military the no.1 power) as a measure to prevent an overthrowing of the gowernment during the extreme hardships and poverty after to the Soviet fall.
Maybe with a working economy and less reliance on the Soviet Union NK would be different today... The Hotel was a first step towards this.

source of the article: https://en.wikipedia.org/wiki/Ryugyo...ruction_begins
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Old December 28th, 2015, 09:01 AM   #5585
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Old March 20th, 2016, 09:16 PM   #5586
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Old March 20th, 2016, 09:44 PM   #5587
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well, at least it has use as a broadcasting hub.
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Old March 23rd, 2016, 03:11 AM   #5588
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A question: Are the three edges supposed to have outdoor elevators? Or I guess they would be called inclinators?
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Old March 23rd, 2016, 04:52 AM   #5589
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This country would make so much money if it opened up.
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Old March 23rd, 2016, 07:30 PM   #5590
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No, it wouldn't.
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Old March 24th, 2016, 03:36 AM   #5591
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Quote:
Originally Posted by Scrapernab2 View Post
A question: Are the three edges supposed to have outdoor elevators? Or I guess they would be called inclinators?
Doesn't look like there are anything on the edge.
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Old March 24th, 2016, 03:38 AM   #5592
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Originally Posted by Dykwia View Post
This country would make so much money if it opened up.
Maybe, after Kim is removed.
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Old April 6th, 2016, 11:44 AM   #5593
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The building is now under construction 30 YEARS! Wow. :O

Why can't they complete it? Why are 30 years still not enough?
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Old April 6th, 2016, 01:57 PM   #5594
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The building is now under construction 30 YEARS! Wow. :O

Why can't they complete it? Why are 30 years still not enough?
Construction halted decades ago. No money, no resources and no investors.

The luxurious hotel company Kempinski wanted to invest and finish the hotel few years ago, but they canceled the plan because of international sanctions against NK (no money transactions possible) and also the very unstable and unpredictable government situation. Too much risk.
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Old April 6th, 2016, 01:58 PM   #5595
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Maybe, after Kim is removed.
China very afraid about united korea.
Cause if skorea can use NKorea's resource then united korea what will happen in global ... imagine.. Now skorea has nothing in resources
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Old April 6th, 2016, 03:19 PM   #5596
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China very afraid about united korea.
Cause if skorea can use NKorea's resource then united korea what will happen in global ... imagine.. Now skorea has nothing in resources
Not if they (China/SK) becomes friends.

Fat Boy is very unstable, China/NK relation is not looking good.
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Old April 6th, 2016, 03:32 PM   #5597
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Not if they (China/SK) becomes friends.

Fat Boy is very unstable, China/NK relation is not looking good.
But still China wants/needs NK as a buffer zone against South Korea, where 30,000 US soldiers are stationed. China would never allow US military directly at its border. China will support NK just enough so they don't break down.

Therefore: China and SK can only become friendly direct neighbors when the US military leaves. But the US will never give up their only presence on the Asian mainland and they can always justify their massive military bases in Asia because of a "dangerous" NK. So the US need NK too, for justification of their bases.

Its very complicated unfortunately...
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Old April 6th, 2016, 06:13 PM   #5598
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Not if they (China/SK) becomes friends.

Fat Boy is very unstable, China/NK relation is not looking good.
yea China/skorea should be a friend!
like a european union china korea japan should union as economy&culture.
that is good for all of them
also fat boy should removed from earth with his military colleagues


Quote:
Originally Posted by humptydumpty7 View Post
But still China wants/needs NK as a buffer zone against South Korea, where 30,000 US soldiers are stationed. China would never allow US military directly at its border. China will support NK just enough so they don't break down.

Therefore: China and SK can only become friendly direct neighbors when the US military leaves. But the US will never give up their only presence on the Asian mainland and they can always justify their massive military bases in Asia because of a "dangerous" NK. So the US need NK too, for justification of their bases.

Its very complicated unfortunately...
right china using NK as buffer zone. also russia too.
it is nightmare directly face with USA army through korea peninsular boarder.

But I'm don;t think that china korea become real friend when usa leave korea peninsular.
USA doesn't matter as far as all country keep respect&peaceful relationship. USA-korea blood alliance. They should permanent stay in my country.
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Old April 8th, 2016, 12:06 AM   #5599
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Old April 11th, 2016, 11:35 AM   #5600
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This country would make so much money if it opened up.
Its painful to think of all the human potential that has been wasted for 60+ years. You look to ROK in the south and see how they went from a land dominated by a foreign power to a terrible war to one of the most prosperous nations on earth in that time frame. Image what a united Korea could be.

I have been to ROK about 10 times the past few years on business and each time I am impressed by their people.
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