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Signing Ceremony for Jeddah Tower and Jeddah Economic City Signing Ceremony for Jeddah Tower and Jeddah Economic City

Infrastructure Network Contract for Jeddah Tower Signed

Eng Talal Almaiman, CEO, Kingdom Holding Company (KHC) has signed a SR620 million (USD165 million) agreement on behalf of the JEC partners, to commence work on its infrastructure networks for the Jeddah Tower, hailed as the world’s tallest tower, and Jeddah Economic City.

The work is to be completed within 12 months by the Al-Fouzan Trading & General Construction Company.

The signing ceremony took place on January 17 at KHC’s headquarter in Riyadh, in the presence of Saleh Al Henaki, CEO, Alinma Investment Company; Sultan AlKusayer, fund manager, Alinma Investment Company; Mohammed Al Eisa, assistant fund manager, Alinma Investment Company; Tarik Al Fouzan, CEO, Al Fouzan Trading & General Construction Company; and Mounib Hammoud, CEO, JEC.