CONSTRUCTION DEFECT JOURNAL

"News and Information for Construction Defect and Claims Professionals"

CONSTRUCTION DEFECT JOURNAL - ISSUE 242749 - WEDNESDAY, NOVEMBER 6, 2024

Construction of World's Tallest Building to Resume With New $1.9B Contract for Jeddah Tower

Red arrow surging upward

Kingdom Holding said it signed a new contract with Saudi Binladin worth $1.9 billion, including $292.8 million already paid for previously completed work.

October 28, 2024
James Leggate - Engineering News-Record

Construction of the Jeddah Tower in Jeddah, Saudi Arabia—which is planned to be the world’s tallest building—is set to resume with original contractor Saudi Binladin Group Co. after a years-long pause, owner Jeddah Economic Co.'s parent company, Kingdom Holding Co., announced Oct. 2.

Reprinted courtesy of James Leggate, Engineering News-Record

Mr. Leggate may be contacted at leggatej@enr.com

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