10. Kingdom City
Project Overview
The Kingdom City project is located north
of Jeddah city centre on a 2 sq km site close to King Abdulaziz International Airport.
The joint-venture partners on the scheme plan to develop the land with mixed-use commercial, residential and resort facilities, including offices, residential units, a school, hotels and retail facilities.
A bridge will be built across Obhur Creek, linking the site to the city centre and airport. A landmark tower, known as the Kingdom Tower, has been designed for the centre of the project and will be one of the tallest buildings in the world on completion.
Project Analysis
MEED top 100 listed companies 2012: Conglomerates and food
Saudi and Qatari firms have weathered the recession and have increased their market capitalisation
Biographies
Prince Alwaleed bin Talal al-Saud
Prince Alwaleed bin Talal al-Saud is chairman, Kingdom Holding
Company Announcements
MEED Events
Key Facts
Client: Emaar Properties; Kingdom Holding Company
Sector: Real estate
Stage: EPC Bid
Budget: $26.6bn
Completion date: Q4 2017
Location: Saudi Arabia
News
Kingdom Holding approaches banks for world’s tallest tower
Banks approached for loan for Kingdom Tower project of up to $5bn that could hit market in third quarter
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Kingdom Holding seeks funding for world’s tallest building
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Saudi Binladin wins contract to build world’s tallest tower
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Binladin frontrunner for world’s tallest tower
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September award planned for Saudi Arabia’s kilometre tall tower
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Contractors submit revised bids for kilometre-tall Kingdom Tower
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Bid deadline extended for world’s tallest tower contract
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Contractors to submit prices for world’s tallest tower
MEED Projects
