The Burj Khalifa’s record because the world’s tallest building has come below renewed threat.
An investment agency headed by Saudi billionaire Prince Alwaleed bin Talal said this week it signed a 4.6 billion riyal ($1.2 billion) cope with the Saudi Binladen Group to build the 1km-excessive Kingdom Tower north of the Red Sea city of Jeddah.
"Building this tower in Jeddah sends a monetary and economic message that shouldn't be ignored," Prince Alwaleed instructed reporters. "It has a political depth to it to inform the world that we Saudis spend money on our country."
The building is a part of the primary section of the deliberate Kingdom City. Prince Alwaleed, a nephew of Saudi King Abdullah, said the Jeddah tower would ultimately high 1,000 metres, however the remaining height is a intently guarded secret.
Alwaleed’s proposed skyscraper would shatter the document for the Burj, which has one hundred sixty liveable flooring and rises 828m, making it not solely the tallest constructing but also the tallest freestanding structure within the world.