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.
Read more about this topic: International Finance Complex
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