JEC - Jeddah Economic City: Jeddah Tower

General Information
Owner Jeddah Economic Company
Masterplan Project (Parent Profile) Jeddah Economic – Jeddah Economic City Mixed-Use Development – Makkah
Location Jeddah, Mecca Province, Saudi Arabia
Status --
Sector Construction, Mixed-Use, Mixed-Use
Contract Type Design Build (DB)
Onshore/Offshore Onshore
Greenfield/Brownfield Greenfield
Progress 1
Estimated Budget Value ---
Contract Value 2000
Net Value $2000m
Award Date October 2024
Completion Date December 2028
Last Updated On October 2024
ProjectId (Old, New) 5180, 108904


Jeddah Economic Company (JEC) is undertaking the construction of a mixed-use tower, named as Jeddah Tower, previously known as Kingdom Tower located in the northern part of Obhur in Saudi Arabia.

This project is one of the skyscraper projects in the MENA region.

The US$2000 million project includes the following:

1. Construction of a 1,000m tall, 170-story tower

2. Construction of 318 apartments

3. Construction of offices

4. Construction of hotel with 182 rooms

5. Construction of a hospital

6. Construction of commercial shops

7. Construction of shopping area

8. Construction of parking facilities

9. Landscaping works

10. Construction of associated facilities

Second Section

18 October 2024

Aluminium Products Company has signed an agreement with United Arab Aluminum Company to supply Aluminium for the project.

02 October 2024

Saudi Binladin Group has been appointed as the main contractor on the project.

24 July 2024

The consortium comprising Kingdom Holding, Sumou Holding, and Jeddah Economic Company (JEC) is expected to acquire the Alinma Jeddah Economic Fund for the project.

30 June 2024

The main contract bids are under evaluation.

29 April 2024

The JV of El Seif Engineering & Contracting, China State Construction Engineering Corporation, Consolidated Contractors Company (CCC) and Mohammed Abdulmohsin Al Kharafi & Sons is the frontrunner on the project. (Source: MEED)

18 January 2024

The main contract bid submission has been extended to the end of February 2024. (Source: MEED)

13 December 2023

The main contract bid submission has been extended to January 2024.

12 October 2023

Daewoo & Orascom have also shown interest to participate on the project. (Source: MEED)

13 September 2023

The project has been revived and the tender has been issued for the remaining works. The following companies have been invited to bid by the end of the year 2023 *Almabani, *Bawani, *China Harbour, *China State Construction Engineering Corporation, *Consolidated Contractors Company, *El-Seif Engineering Contracting, *Hyundai Engineering Construction, *Mohammed Abdulmohsin al-Kharafi & Sons, *Nesma & Partners, *Samsung C&T, *Freyssinet, *Skanska, *Strabag. The companies are expected to form JV's comprising local and international partners. It is also understood that contractors have visited the site. Saudi Binladin Group (SBG) is no longer involved as the main contractor. Previously Saudi Oger, Multiplex, El Seif Engineering Contracting, Saudi Binladin Group and BESIX had submitted the bids on the project and the project was on hold due to technical issues. (Source: MEED)

08 June 2023

The project continues to be on hold and the time frame for the revival is unknown.

07 November 2022

The project continues to be on hold.

30 September 2022

As per the site visits on September 21, 2022, the project continues to be on hold.

30 August 2022

The project is still on hold and works are expected to resume soon.

19 April 2022

The project is still on hold and the time frame for the revival is unknown at this moment.

19 December 2021

The project is still on hold and the time frame for the revival is unknown at this moment.

27 September 2021

The project continues to be on hold.

25 April 2021

The project is still on hold.

24 December 2020

The project is still on hold.

26 August 2020

The project is still on hold and the time frame for revival is unknown.

29 May 2020

The project continues to be on hold.

30 December 2019

The project continues to be on hold and the time frame for revival is unknown.

23 October 2019

The project is on hold.

09 May 2019

The project is still on hold.

02 January 2019

The project is kept on hold due to technical issues.

19 November 2018

Construction activities are underway and expected to be completed by 2020.

09 September 2018

The construction works have progressed up to sixty- fourth floor.

01 June 2018

Structural works are progressing well on the project.

07 March 2018

Orange Business Services appointed as a technology consultant.

08 February 2018

The concrete shell and the cladding works are expected to complete by 2019.

17 January 2018

The construction works have progressed up to sixty-third floor along with facade works.

03 November 2017

Guardian Glass has been awarded the contract to supply facade glass for the tower.

24 August 2017

Environmental System Design is working as a MEP consultant on the project.

13 July 2017

The project is facing delays.

14 June 2017

The construction works have progressed upto 58th floor.

16 May 2017

The project have progressed 30 percent and construction works have reached up to 54th floor. The project is expected to complete by 2019.

12 May 2017

The project is facing delays and is expected to open by 2019.

20 February 2017

Construction works are ongoing on 52nd floor and the project is expected to complete by 2019.

22 December 2016

Construction works are ongoing and the project is expected to complete in 2020.

30 August 2016

Construction work on the 45th floor has commenced and KONE Areeco is doing elevators and escalators work.

17 May 2016

Construction works have been delayed and the project is likely to complete by the end of 2019. Construction works have progressed up to the podium structure & 40th floor.

29 April 2016

Design International is the winner of design competition held in 2015 for Kingdom City Mall project.

24 April 2016

The project is likely to complete in 2018. (Source: MEED)

16 March 2016

The construction works on the project have reached till 37th floor. The overall completion rate is around 20 per cent.

31 January 2016

Roots Group Arabia and Wolffkran will be supplying 13 Wolff cranes to the project.

25 January 2016

Structural works have reached up to 33rd floor.

02 December 2015

Alinma Bank has signed an agreement with the client to initiate a $2.2 billlion fund for the development of the project. Alinma Bank will finance the fund which will be managed by Alinma Investment Structural work is progressing on the 26th floor.

15 October 2015

Schwing Stetter is providing concrete ready-mix for the project.

07 June 2015

Construction on the project is ongoing. Market sources indicate that the rooms after the 85th floor will go unoccupied as they are too narrow for offices or for a residence.

11 May 2015

KONE has started installation of elevator systems at Kingdom Tower in Jeddah.

06 May 2015

Construction work is in progress on installing the horizontal slabs at first floor, while the central core have reached the 13rd floor with the wing walls at 6th floor.

23 April 2015

Structural works are ongoing.

21 September 2014

Structural works for the first floor are complete.

03 March 2014

Structural works have not started yet.

09 December 2013

Piling is complete.

15 September 2013

Piling works are in progress.

17 April 2013

Excavation work has started.

01 April 2013

Construction works were commenced.

22 February 2013

The joint venture of EC Harris and Mace have been appointed the PMC for the project.

26 January 2013

Site preparation works are ongoing.

13 October 2012

Saudi Bauer Foundation Contractors has signed a contract to carry out enabling works for Kingdom Tower.

28 June 2012

Mobilization works are ongoing and piling will start in mid July 2012.

11 October 2011

MEP subcontractor has not been awarded yet.

04 October 2011

The project is in the late stages of design development, with construction drawings to be delivered soon. Construction of the foundation is set to begin by end-2011 or early-2012.

05 September 2011

Structural design: Thornton Tomasetti, Geo-technical / site / civil, traffic and parking planning: Langan International Consultant, MEP consultant: Environmental Systems Design (EDS)

11 August 2011

Construction contract awarded to Saudi Binladin Group and Environmental Systems Design Inc. awarded a contract to design the building systems.

04 August 2011

Schematic designs are complete while detailed designs are ongoing.

18 June 2011

Structural design: Thornton Tomasetti

27 April 2011

Industry sources indicate that Saudi binladen is the frontrunner for this project.

21 April 2011

Earlier, Adrian Smith + Gordon Gill was appointed as consultants for this project.

20 February 2011

Earlier, the following companies had submitted bids for the contract: Adrian Smith + Gordon Gill, Hyder Consulting, Pickard Chilton, Skidmore Owings & Merrill LLP (SOM)

23 November 2010

Third party sources like Besix comments that Saudi Binladin Group is expected to win the main contract for the tower.

15 October 2010

Construction, maintenance and technical controls of all the lagoons: Crystal Lagoon

12 October 2010

The client is in negotiations with few of the bidding companies and an award is anticipated by end-November 2010.

09 September 2010

The following two companies have submitted revised bids in early September 2010: -Six Construct Limited / El Seif Engineering Contracting -Saudi Binladin Group

01 September 2010

The client is in negotaitions with following three companies for the contract: -Six Construct Limited / El Seif Engineering Contracting -Saudi Binladin Group -Nasa Multiplex

16 April 2010

It is understood that the following companies are likely to submit bids for the contract: El-Seif Engineering & Contracting Company, Six Construct Limited, Saudi Oger, Saudi Binladin Group Declined: It is understood that a consortium of Arab Technical Construction Company (Arabtec) and Samsung Corporation have declined to bid for the contract. Third party sources indicate that its probable that the project may not go ahead as planned.

12 April 2010

Construction Bidders -El-Seif Engineering & Contracting Company / Six Construct Limited

01 April 2010

The bids for the construction contract submitted.

01 March 2010

Adrian Smith + Gordon Gill Architecture appointed as design contractor.

11 February 2010

It is understood that earlier the following companies had submitted bids for the contract: -Arab Technical Construction Company (Arabtec) -El-Seif Engineering & Contracting Company -Multiplex Construction Middle East -Samsung Corporation -Saudi Binladin Group -Six Construct Limited

06 January 2010

It is understood that the client have shortlisted two companies, Adrian Smith + Gordon Gill and Skidmore, Owings & Merrill (SOM) for the contract. An award is expected in Q1 2010.

13 November 2009

It is understood that the client is approaching more contractors for the design-build contract. Reasons being, the client now wants to consider additional proposals from other contracting groups that may offer a lower price.

18 September 2009

Consultancy bidders: Pickard Chilton / Hyder Consulting Construction bidders: Samsung Corporation / Arab Technical Construction Company (Arabtec), Six Construct Limited / El-Seif Engineering & Contracting Company

25 July 2009

It is understood that Emaar properties have received bids from seven companies for the conceptual architecture contract. However, the client is in process of clarifications and forming a shortlist. Once a conceptual architect is appointed and outline designs are complete the client is likely to appoint a contractor to design and build the contract.

22 June 2009

Kingdom Holding has formed a joint-venture with Dubai-based Emaar Properties to develop the project. Under the agreement Emaar Properties will manage and supervise the construction.

10 February 2009

On Hold: The $15000 million project has been put on hold due to the global economic crisis.

27 February 2008

Masterplan - Pickard Chilton, Site plans - HOK, Architects - Omrania & Associates

15 January 2008

Consultants Hyder Consulting/ Arup

17 September 2007

Seven companies are understood to have submitted bids for the contract.

02 June 2007

Mile high tower (1150 metres; 500000 sqm), Commercial buildings, Residential buildings, Luxury condominiums, Hotels, Retail space, Parks, Car parks, Landscaping, Associated works

01 January 2007

JEC announced plans to build a mixed-use tower in Jeddah.