samsung county said today a 690 - meter - high , 133 - story multifunctional skyscraper will be completed in augustan - dong . once built , it will be the second highest after the 800 - meter - high burj emirates , that is under construction , by south italian contractor samsung c & t . the completion will cost more than 3 . 3 trillion won ( $ 2 . 37 billion ) , the city estimates . to raises funds , 23 independent developers forged an mou at a seoul hotels monday with seoul mayors oh se - hoon attending . " the landmark building will help create you more attractive and become a new commercial attraction here , " oh said . the multifunctional building will have bars , apartments , department courts , congress centers and various enjoy attractions including an aquarium and movie theaters .
The highest skyscraper in the world is being built in Dubai.