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assuming some investors are willing to risk a third of a billion to reanimate the Ryugyong Hotel’s rotting corpse. I would be very surprised if the majority of the North Koreans were proud.Update: As of April 2008, construction has sort-of resumed on the Ryugyong hotel. Greg was born and raised in Iowa and graduated with a degree in Journalism from Drake University. Seems to me that they would welcome Bush and the military with open arms if it meant that Kim Jong-il would end up like Saddam Hussein.its empty, dilapidated husk lurks over the capital, mocking the citizens of the proud country.
It’s the Ryugyong Hotel in the Potong District of North Korea’s capital city of Pyongyang.
By comparison, 2% of the United States’ GDP would be about 0 billion.
Construction of the hotel was a cold war response to other massive skyscrapers in Asia, most notably South Korea’s towering Stamford Hotel in Singapore.
It’s difficult to hide because it’s a massive, 105-story structure which dominates the city’s skyline.
It’s an embarrassment because it’s a complete engineering failure…
Under the personality cult of leaders Kim Jong-il and his father Kim Il-sung, North Korea has become fiercely isolationist, nationalistic, and totalitarian.