Azerbaijan Tower The Azerbaijan Tower is a visionary megatall skyscraper that is intended to be constructed on the Khazar Islands , 25 km south of Baku, Azerbaijan .Overview The president of the Avesta Group of Companies , Ibrahim Ibrahimov , stated that the Azerbaijan Tower would rise to about with 189 floors. The $2 billion tower was to be the centerpiece of the Khazar Islands, a $100 billion city of 41 artificial islands that will spread 3,000 hectares over the Caspian Sea . The city is being planned to house 1 million residents, contain 150 schools, 50 hospitals and daycare centers, numerous parks, shopping malls , cultural centers, university campuses, and a Formula 1 quality racetrack . All of these facilities are planned to be able to withstand up to magnitude 9.0 earthquakes. The city will be equipped with 150 bridges and a large municipal airport to connect the islands to the mainland. Ibrahim told reporters that American, Turkish, Arab and Chinese investors have already shown their interest in the project that will be, in his words, like a "new Venice". Construction on the Azerbaijan Tower was planned to begin in 2015 and be completed by around 2019 . Later, this construction project was cancelled. The Khazar Islands are scheduled to be finished between 2020 and 2025. But taking into account the scope of the project, some specialists think it will be completed only after 2030.
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