

A frontrunner has emerged for the contract to complete the construction of the world's tallest tower. Bids have been submitted and a contract award is expected imminently. The bidders are a joint venture of the local El Seif Engineering & Contracting and Beijing-based China State Construction Engineering Corporation; Lebanon's Consolidated Contractors Company (CCC); and Kuwait's Mohammed Abdulmohsin Al Kharafi & Sons with support from international partners. The joint venture of El Seif and China State is understood to be the frontrunner for the contract. When completed, the tower will be taller than Dubai's Burj Khalifa by more than 172 metres. It is the centrepiece of the Jeddah Economic City development. The project's first phase, which includes the main tower, covers an area of 1.5 million square metres.
Jeddah Economic Company (JEC) has given contractors until the end of March 2024 to submit their bids for a contract to complete the work. A range of local and international firms have approached the developer about working on the project. JEC has restarted work on the project. The contractors are expected to form joint ventures comprising local and international partners. It is understood that contractors have visited the site. Germany’s Bauer completed the piling work for the tower. While SBG is no longer working as the contractor on the project, the consultancy team remains the same. The architect is US-based Adrian Smith & Gordon Gill, and the project manager is Lebanon’s Dar al-Handasah (Shair & Partners).
Evaluation of bids are currently underway for the main construction contract.
More firms have approached Jeddah Economic Company (JEC) to take part in the tender for the contract to complete this world’s tallest tower. A range of local and international firms have approached the developer about working on the project. Two of the best-known international names that have come forward are South Korea’s Daewoo and Egypt’s Orascom Construction.
The construction work for the tower’s superstructure, which began in the early 2010s with the local Saudi Binladin Group (SBG) as the contractor, is one-third complete. The foundations and piling work for the record-breaking tower are finished. Germany’s Bauer completed the piling work for the building. JEC commissioned an independent assessment of the structure before the tender was issued. While SBG is no longer working as the contractor on the project, the consultancy team remains the same. The architect is US-based Adrian Smith & Gordon Gill, and the project manager is Lebanon’s Dar al-Handasah (Shair & Partners).
Jeddah Economic Co. (JEC) resumed works on this tower project that will exceed 1,000 meters tall. The developer has officially invited contractors to bid by the end of this year, 2023 for the completion of the tower’s work. Contractors invited for bidding are namely Almabani General Contractors, Al Bawani Co., China Harbour Engineering Co. (CHEC), Consolidated Contractors Co., El Seif Engineering Contracting (ESEC), Hyundai Engineering & Construction, Mohammed Abdulmohsin Al-Kharafi & Sons Co., Nesma & Partners Contracting Co., Power Construction Corporation of China (PowerChina), Samsung C&T Corp., Freyssinet Saudi Arabia Co. Ltd., Skanska AB and STRABAG International GmbH Co. These companies have three months to prepare their bids, expecting the companies to form joint ventures of local and international partners. JEC requested the SAR 653 million ($174m) worth of performance guarantees/bonds provided by the project former contractor, Saudi Binladin Group, noting that KHC, Bakhsh Group and Sharbatly Group own stakes in JEC of 40%, 40% and 20%, respectively. Before the tender was issued, JEC commissioned an independent assessment of the tower’s structure.
Project is currently on hold.
Project work is currently on hold stage.
It is understood that the project is still on hold.
Project is still on hold.
The project is on hold.
Project is still on hold.
It is understood that the project is still on hold indefinitely.
Project work is currently on hold.
Site Tel: (+966-12) 6165680.

- Kingdom Holding Company (Saudi Arabia)
- Address : 66th Floor, Kingdom Centre
- Pin : 1
- City : Riyadh 11321
- Telephone : (+966-11) 211 1111 / 1112
- Fax : (+966-11) 211 1112




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