A Chinese company has defeated seven rivals in a bidding war for the privilege of building the tallest building on the continent of Africa.
State-owned giant China Railway Construction Corporation (CRCC) announced yesterday that it would be cooperating with Morocco’s largest contractor to build the 250-meter-tall tower in the Moroccan capital of Rabat as a symbol of the African country’s development, as well as of its ties to China.
CRCC will take responsibility for 60% of the project, which is budgeted at $380 million, while their Moroccan partners, The General Construction Company of Casablanca (TGCC), handle the other 40%. The skyscraper will be home to office space, luxury apartments and hotels.
Currently, the tallest building in Africa is the Carlton Centre in Johannesburg at 223 meters in height. The tallest building in Morocco? The Casablanca Twin Center at a mere 115 meters. Chinese companies are also set to build the tallest buildings in Kenya and Ethiopia.