The quest for the title of the ‘World’s Tallest Tower’ has taken a monumental leap forward. The Jeddah Economic Company (JEC) has declared that construction has resumed on the iconic Jeddah Tower, a structure anticipated to stretch over an astonishing 1,000 meters into the sky.
This towering marvel, standing as the crown jewel of the Kingdom City development, is set to house a variety of residential options, from 2-bedroom apartments to expansive 6-bedroom homes, guaranteeing unparalleled luxury for its residents. Visitors and inhabitants alike can expect an ensemble of premium amenities – from high-end boutiques and culinary delights to recreational facilities like tennis courts. Above all, its observation deck, the world’s highest, will offer breathtaking views. Adding to its prestige, a lavish Four Seasons hotel, state-of-the-art office complexes, and sophisticated condos will envelop the tower.
JEC’s aspirations are on the move as they kick off the contractor selection phase. A range of esteemed construction corporations, listed by MEED, are set to bid for this monumental venture, with decisions anticipated by year’s end. In a notable mention, Talal Ibrahim Almaiman, CEO of Kingdom Holding Company, acknowledged the magnitude and significance of this project.
In the global race to the skies, the Jeddah Tower is projected to eclipse Dubai’s iconic Burj Khalifa by an impressive 172 meters. Beyond being a structural masterpiece, it symbolizes the heart of the expansive Jeddah Economic City venture, spanning a vast 1.5 square kilometers.
Simultaneously, Saudi Arabia’s fervent investment in tourism-centric projects aligns with its broader vision – the National Tourism Development Strategy and Saudi Vision 2030. The outcomes are evident, with the kingdom witnessing a staggering tourism revenue of $10 billion in early 2023, a 225% growth compared to the previous year. Additionally, the upward trajectory in tourist arrivals, peaking at 7.8 million in Q1 2023, reinforces the nation’s rising prominence on the global tourism canvas.
For the hospitality and events sector in KSA, this news signals an era of unprecedented opportunities. The surge in tourism and landmark projects like the Jeddah Tower demand top-tier hospitality services. BM Events, a pioneer in casual hospitality staffing solutions, is perfectly positioned to address the burgeoning needs of the events industry in the region, ensuring every occasion is a grand success.
