International Finance Complex
Encyclopedia
The International Finance Complex is a 52 story complex that is in the process of being built in Phnom Penh
, Cambodia
near the Tonle Bassac River. The complex, which will cover an area of 737000 square feet (68,469.5 m²), will cost about $1 billion. The project will include a main office tower which is 52 storeys tall, making it the tallest building in all of Cambodia once it is completed. This tower will be surrounded by 6 smaller buildings, each standing 32 floors tall. Overall, there will be housing for an international school, a conference center, 1,064 apartment units and 275 serviced apartments. The project is being hailed by Cambodia's leaders as a symbol of the country's galloping economy, which has averaged 11 percent growth over the past three years. Deputy Prime Minister Sok An
said that "IFC is the highest building in the history of Cambodia's capital and is a symbol of the economic growth in Cambodia." When it is completed in 2012, it will dramatically change the skyline of Phnom Penh, along with the other buildings scheduled to be completed around this time such as Gold Tower 42, OCIC Tower, River Palace, and many more.
Phnom Penh
Phnom Penh is the capital and largest city of Cambodia. Located on the banks of the Mekong River, Phnom Penh has been the national capital since the French colonized Cambodia, and has grown to become the nation's center of economic and industrial activities, as well as the center of security,...
, Cambodia
Cambodia
Cambodia , officially known as the Kingdom of Cambodia, is a country located in the southern portion of the Indochina Peninsula in Southeast Asia...
near the Tonle Bassac River. The complex, which will cover an area of 737000 square feet (68,469.5 m²), will cost about $1 billion. The project will include a main office tower which is 52 storeys tall, making it the tallest building in all of Cambodia once it is completed. This tower will be surrounded by 6 smaller buildings, each standing 32 floors tall. Overall, there will be housing for an international school, a conference center, 1,064 apartment units and 275 serviced apartments. The project is being hailed by Cambodia's leaders as a symbol of the country's galloping economy, which has averaged 11 percent growth over the past three years. Deputy Prime Minister Sok An
Sok An
Sok An is a Cambodian politician. He belongs to the Cambodian People's Party and was elected to represent Takeo Province in the National Assembly of Cambodia in 2003.Sok An is Deputy Prime Minister of Cambodia...
said that "IFC is the highest building in the history of Cambodia's capital and is a symbol of the economic growth in Cambodia." When it is completed in 2012, it will dramatically change the skyline of Phnom Penh, along with the other buildings scheduled to be completed around this time such as Gold Tower 42, OCIC Tower, River Palace, and many more.
Project scales down
In November 2008 the project became the latest victim of the global financial crisis in Cambodia. Woo Mu-hion, chief of the business division of the developer GS Construction and Engineering, announced that the planned skyscraper complex would be scaled down from the original plans. The seven building, 1 billion dollar complex will be cut back to three buildings at half the price according to the developer. The revised plan will include two 51 floor condominiums and one mixed-use 52 floor building. Construction on the project has halted until 2010 while the company submits revised plans to the Royal Government for approval.See also
- List of tallest buildings in the world
- List of tallest buildings and structures in the world
- List of architects of supertall buildings