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| Prince Al-Waleed bin Talal about the kingdom tower |
the tower will be built as part of a larger real estate of 3,500,000 square meters. The Kingdom Tower will be a milestone in this project, because it will boost the value of the rest of the property.
The time is appropriate to build the Kingdom Tower now because the prices for construction materials are low. From cement to iron, everything is low.
Secondly, it is being built in Jeddah, because this city is in need for a project of this kind, as it would attract more business here. Nothing of this size happened in Jeddah for over two decades.
