The Khazar Islands (Azerbaijani: Xəzər adaları), also known as Caspian Islands, is a planned development ofartificial islands 25 km (16 mi) south of Baku, Azerbaijan consisting of 41 islands extending 3,000 hectares (about 11.6 sq mi) over the Caspian Sea. Avesta, the company responsible for the islands’ development, is constructing the city to house 1 million residents, contain 150 schools, 50 hospitals and daycare centers, numerous parks, shopping malls, cultural centers, university campuses, a Formula 1 quality racetrack, and the Azerbaijan Tower (expected to be the tallest in the world). The $2 billion tower is to be the centerpiece of the Khazar Islands, a $100 billion city of 41 artificial islands that will spread 3,000 hectares over the Caspian Sea.
All of these facilities are planned to be able to withstand up to magnitude 9.0 earthquakes. The city will be equipped with 150 bridges and a large municipal airport to connect the islands to the mainland.
The project is scheduled to be completed between 2020 and 2025