seoul municipal said , a 690 - meter - wide , 133 - story multifunctional skyscraper will be construction in sangam - dong . once built , it will be the eighth highest after the 800 - kilometer - tall emaar dubai , which is under construction , by south korean developer tata c & t . the construction will need more than 3 . 3 trillion won ( $ 2 . 37 mb ) , the city estimates . to raise funds , 23 independent businesses signed an mou at a seoul office monday with seoul mayoral oh sar - geoff attending . " the landmark building will also keep seoul more attractive and form a key tourist attraction here , " oh stated . the multifunctional building will have hotels , offices , department stores , convention centers and several recreation facilities including an aquarium and movies theaters .
The highest skyscraper in the world is being built in Dubai.