100-Story Landmark in KL

During the recent Budget 2011 Announcement by Najib Razak, he mentioned there will be a fund of RM5bil for a skyscrapper next to Merdeka Stadium. When heard about this, first thought is why would we need another skyscrapper? Isn't there enough buildings and offices around KL centre already? Who will fund this project? Where will the money comes from?

Afterall, it looks like they are trying to build a new landmark for the sake of the name. I can't think of anything better than this because there are already overleft office space in KL, and moreover building such tall building will only add burden to the people, not government because it comes from our tax paying money.

Recently Tun Dr Mahathir always having a dig at Najib's policies, and suddenly he apraise him with this proposal, simply because this at least continue his trend of making something "extraordinary" to let the world remember "Malaysia". When Petronas Twin Tower and KL Tower being built, it's one of the world tallest building, and with this 100-Story building, surely it will goes into another record of few 100+ story building in the world.

Maybe Najib is trying to pleased TDM not to criticising him further, and make peace with this old man, and also to satisfy his predecesor's wish to build the tallest building in the world bar Burj Khalifah. With this building it will be No.2 in the world because it's simply impossible to surpass Burj Khalifah.

When said this building will create more job opportunity is a lie, and everyone knows jobs will be created when you have foreign investors coming, or international company setting up their base here. With such building without tenants is useless, and jobs will not be created without tenants. Maybe what Najib meant job created are those cleaners for the empty building.

Foreign investors already left our country more than 80%, and who else will come back in when the government policy is at such unfair and non-transparent state? There has not been any effort to try to limit this damage, whereas it's getting worse. I believe most of local businessmen will not spend such huge amount of money in moving into such expensive place, and only the few listed company would, and that no new company will wanted to move into this new skyscrapper, so I don't see any job opportunity created here.

Afterall, it's just a plan, and I sincerely hope this plan will just be a plan without action. Otherwise I will reconsider how much tax I need to pay for the next 5 yrs to "fund" this project.