The matter is that the project has been suspended by the government, said the representative for Broad Sustainable Construction, which had earlier received the construction approval, Shanghaiist.com reports.
According to the Chinese officials, the builder did not complete the required procedures for seeking approval to start construction. The land plot, where the construction site is supposed to be established, has become a protected wetlands. Such status prohibits erecting any buildings in the area.
In case a 5.2 billion yuan Sky City had been erected, it would exceed in terms of height a famous Burj Khalifa in Dubai.