Oil revenues have already fuelled a high-profile construction frenzy in the former Soviet state of Azerbaijan, but in an attempt to raise its profile further, the Caspian Sea country is looking to build the tallest building in the world.
Tentatively named Azerbaijan Tower, the planned 1,050m structure will dwarf Dubai's Burj Khalifa to look over Baku's largest development project which is planned to include dozens of artifical islands and a Formula One race track.
Following in the footsteps of other oil and natural gas-rich post-Soviet countries along the Caspian Sea, Azerbaijan wants to use its newly found oil wealth to project an image of modernity in a country where the Nobel brothers struck oil more than a century ago.
A planned 41 islands that will dot the Caspian Sea will be connected by 150 bridges.
Citation: http://www.straitstimes.com/BreakingNews/World/Story/STIStory_787978.html
Tallest building and artificial islands?
It reminds me of Dubai. Tallest building reminds me of Burj Khalifa ,and artificial islands remind me of The Palm and The World.
So, Azerbaijan seems to imitate Dubai's way of economical strategy. Though I don't know whether the strategy is effective or not, Azerbaijan should make difference.
The most important thing for the country is to reduce dependence on oil revenues by creating new industries in case the country depletes natural resources. Surely, this strategy would be one of many ways to do so.
