Now, News.az brings us more information on the building, which will be known as the Azerbaijan Tower and will feature 189 floors.

The building is being built on a series of artificial islands, called the Khazar Islands, constructed in the Caspian Sea off Garadag, southwest of Baku. The company behind the building, Avesta Group, is said to be in talks with the companies behind the Burj Khalifa in Dubai and hopes the building to be complete by 2018-2019.