Saudi Prince Alwaleed bin Talal announced World's Tallest Building Jeddah Tower in August 2011. He declared that the high-rise structure will be completed in 36 months. However, Only the 4-storey foundation was completed by 2014 End. It was then Alwaleed assured Jeddah Tower would be completed in 2018. And now, Prince informed Media that the final date of completion has been prolonged to 2019.
Drop in Oil Prices since 2014 had a huge impact on Jeddah Tower contractor Saudi Binladin Group which is the company founded by Al-Qaeda chief Osama bin Laden's Father 80 years ago. A deal with Alinma Investment in November 2015 has speeden up the construction work.
Jeddah Tower is over one kilometer long, much bigger than Dubai's 3,300 feet Burj Khalifa. This tallest tower is just beside Red Sea and offers a breathtaking view.
Drop in Oil Prices since 2014 had a huge impact on Jeddah Tower contractor Saudi Binladin Group which is the company founded by Al-Qaeda chief Osama bin Laden's Father 80 years ago. A deal with Alinma Investment in November 2015 has speeden up the construction work.
Jeddah Tower is over one kilometer long, much bigger than Dubai's 3,300 feet Burj Khalifa. This tallest tower is just beside Red Sea and offers a breathtaking view.