If you think that Burj Khalifa of Dubai is enough, than fasten your seat belts as longest and most expensive, will soon have some competition from neighboring Saudi Arabia.
Dubai’s iconic Burj Khalifa, the world’s tallest building, could be stripped of its Guinness title if Saudi Arabia succeeds in its plans to construct the even larger Jeddah Tower — a prospect looking more likely as funds for the $1.23 billion project have been secured.
A press release of Saudi government said that Jeddah Economic Company and Saudi Arabia’s Alinma Investment had signed a financing deal for 8.4 billion Saudi riyals (or $2.2 billion) to build Jeddah City, including the sky-piercing tower.
The project is currently built up to the 26th floor, it added. The 3,280-feet (1 kilometer) skyscraper is scheduled for completion in 2020. The Burj Khalifa, by comparison, stands at a meeker 2,716 feet, or 827 meters.
