Categories: World

Is ‘ghost hotel’ in North Korea going to open?

The construction of the world’s biggest hotel in Pyongyang began in 1987. The hotel was supposed to boost North Korean tourist industry. But it was abandoned in 1992, reportedly because of the poor quality of materials. The budget of the project is about $480 million, Joinfo.com reports with reference to NK News.

The lights were turned on in at least three rooms by night at the top of the Pyongyang Ryugyong Hotel this October, suggesting construction may have resumed at the troubled pyramid-shaped building. It is notable because there has been no sign of construction since window panes and a telecommunications mast were added in 2011.

Naguib Sawiris,  Orascom CEO, the Egyptian company behind the construction, reportedly flew to  Pyongyang this week on a private jet, apparently to discuss the future of the building.

Orascom was suspected of having spent millions on the building, but photos released by the Beijing-based Koryo Tours agency showed in 2012 that the structure was still empty, without fixtures or furnishings visible.

“I’m very surprised to see the top of the Ryugyong lit,” said Peter Ward, a Seoul-based North Korea researcher.“The fact they have added an aircraft warning light is interesting, if slightly puzzling.”

Share
Published by
Nataly
Tags: North Korea

Recent Posts

Lunar Leap: How Intuitive Machines Carved a Path for Commercial Space Exploration

The flight to the moon comes from a breakthrough in technology In a move that…

1 year ago

Edward Snowden and Bitcoin: A Revolutionary Perspective on Digital Currency

The Unprecedented Advancement of Digital Currency Edward Snowden, the notorious whistleblower and staunch advocate for…

1 year ago

Beyoncé Breaks New Ground: First Black Woman to Claim No. 1 on Hot Country Songs Chart with ‘Texas Hold ‘Em’

In the ever-evolving tapestry of music, where genres blend like colors on a canvas, Beyoncé…

1 year ago

Trump’s record $355M penalty: Navigating the legal maze and its broader implications

The Verdict Heard Round the World In a seismic shift, Donald Trump, the erstwhile President…

1 year ago

Emma Stone’s BAFTA 2024 Triumph: A Milestone in “Poor Things” Journey

Another high point for Emma Stone The 2024 EE BAFTA Film Awards marked a significant…

1 year ago

United Front Against AI Disruption: Tech Giants Forge Accord to Safeguard Elections

In an era where artificial intelligence (AI) holds the power to both innovate and destabilize,…

1 year ago