2. Khazar Islands, Azerbaijan
Khazar Islands is an artificial archipelago 25 km south of Baku in Azerbaijan consisting of 41 islands spread across 3,000 hectares over the Caspian Sea.
The centrepiece of the project is Azerbaijan Tower, which will be the tallest in the world.
The project will contain office, residences, hotels, schools, hospitals, shopping malls, cultural centres universities, Formula 1 racing track.
The project is expected to finish by 2020-2025 and house 1 million populations.