A top representative of Chinese business in Cambodia said he is more than happy to see a deal signed for what will become the world's tallest set of twin towers in the Southeast Asian country's capital of Phnom Penh.
The contract for constructing the towers, which will exceed the height of the Petronas Twin Towers in Kuala Lumpur, was signed on Saturday in Wuhan, capital of Central China's Hubei Province, the Xinhua News Agency reported.
Gao Hua, president of the Chinese Chamber of Commerce in Cambodia, said Chinese companies are first-rate in the world in terms of quality and cost control.
"This will give the property owner a building of higher quality, lower cost and shorter construction time, which means the owner will have more time to use the property," Gao told the Global Times on Monday.
The Wuhan-based Wuchang Shipbuilding Industry Group Co signed the $2.7 billion contract with its Cambodian partner, Thai Boon Roong (TBR) Group, and Macao-based Sun Kian Ip Holding Co, Xinhua reported.
The towers, called the TBR Twin Tower World Trade Center, were designed to be 560 meters tall - 108 meters taller than Petronas Twin Towers, which are currently the world's tallest set of twin towers. They will be built along the Mekong River in the Phnom Penh.
A single purchase
