Kingdom set to approve Mile High tower in Jeddah

February 23, 2008 6:42 pm

Alwaleed’s Kingdom Holding Co. will soon invite bids by contractors to build a mile-tall mega-skyscraper in Jeddah, Saudi Arabia, taller than four Empire State Buildings stacked upon each other.

Kingdom Holding is budgeting $10 billion for the tower. It will be part of a larger development to provide schools, housing, hotels, and retail and office space to the area. Kingdom hasn’t announced a timetable for the project, but construction would take years.

read the rest published by MEED here:

http://www.meed.com/construction/news/2008/02/kingdom_set_to_approve_mile_high_tower_in_jeddah.html

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