The centrepiece of the 68-month project will be the tower, which will be about 550 metres high, house 104 storeys and have a built-up area of 180,000 square metres. It will contain a hotel, apartments and retail units. The built-up area of the convention centre will be 100,000 square metres. In addition, the development will have parking spaces for 4,000 cars.

The US’ Murphy Jahn has completed the concept designs and is moving into the schematic design phase. Enabling works is due to start by the beginning of the third quarter with construction beginning in 2007. The project is scheduled for completion by 2012.