Work ‘soon’ to resume on world’s tallest tower in Saudi Arabia

Infrastructure works at the world's tallest tower in Saudi Arabia -- Jeddah Tower -- is likely to be completed soon, CEO of Kingdom Holding Talal Al Maiman said in an interview to CNN.

“It’s actually the tallest tower in the world and work will be continuing within the next six months. The contractor had an issue with laborers; therefore, the tower was halted. But the entire infrastructure, worth $400 million, is taking place as we speak and it’s almost going to be handed over in March 2019,” he said in the interview during the ongoing World Economic Forum in Davos.

Al Maiman also spoke about the investment opportunities available in Saudi Arabia and encouraged investors to see for themselves the potential within the country.

“We are putting our money in Saudi Arabia. Therefore, I hope this is an invitation to everyone to reconsider and come to Saudi Arabia and see the potential investment opportunities,” he told CNN.

“We believe it’s not also for the investors, it’s also for the companies we’ve invested in to come and participate in the 2030 plans,” he added.