korea country said monday a 690 - meter - strong , 133 - story general-purpose skyscraper will be constructed in sangam - district . once built , it will be the ninth tallest after the 800 - foot - thick burj dubai , itself is under construction , by south korean developer samsung c & t . the construction will cost more than 3 . 3 billions won ( $ 2 . 37 billion ) , the city estimates . to raise funds , 23 local owners signed an understanding at a seoul beach sunday with seoul mayor oh se - hoon attended . " the landmark building will help turn seoul more attractive and become a newer tourist attraction here , " oh said . the multifunctional project will have businesses , offices , department stores , convention center and all other facility including an aquarium and movie theaters .
The highest skyscraper in the world is being built in Dubai.