The company responsible for constructing the Jeddah Tower in Saudi Arabia has restarted work on the project and has compiled a list of contractors who may be able to complete the structure. Kingdom Holding Company originally convened a group of investors in 2014 to build a tower over a kilometer high, which was then known as Kingdom Tower.
Work was halted in 2018 due to labor issues following the 2017-2019 political purge. The Jeddah Economic Company (JEC) has invited contractors, including local companies and international firms from Europe, China, South Korea, Lebanon and Kuwait, to bid for the contract by the end of 2023 to complete the tower. The tower was designed by US architect Adrian Smith, who also designed the Burj Khalifa in Dubai, and is set to be taller than the Burj Khalifa by more than 172m. Shareholders in JEC are Kingdom Holding Company (40%), Bakhsh Group (40%), and Sharbatly Group (20%).
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Read more at Global Construction Review.