According to Eng. Talal Al Maiman, CEO of Kingdom Holding and a member of the Jeddah Economic Company and the developer of the $20b Jeddah Tower, that phase 1 of the project is set ti create over 30,000 job opportunities.
It is worth mentioning that the construction work on the tower was delayed till 2019, a year later than its original date.
Prince Alwaleed Bin Talal, chairman of Kingdom Holding Company, stated that the now the tower has reached its 54th floor.
He also added that the final height will be decided by the end of this year.
The project will be developed in three phases where it will provide a fully-equipped living as well as entertaining facilities.