Jeddah Economic City
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Jeddah Economic City, previously known as Kingdom City, is a project approved for construction in
Jeddah Jeddah ( ), also spelled Jedda, Jiddah or Jidda ( ; ar, , Jidda, ), is a city in the Hejaz region of the Kingdom of Saudi Arabia (KSA) and the country's commercial center. Established in the 6th century BC as a fishing village, Jeddah's pro ...
,
Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the A ...
. The project is designed by the
Kingdom Holding Company The Kingdom Holding Company (KHC) ( ar, شركة المملكة القابضة) is a Saudi conglomerate holding company, based in Riyadh. The KHC is a publicly listed company on the Tadawul (Saudi stock exchange). The KHC consists of a select ...
, a firm owned by
Prince Al-Waleed bin Talal Al Waleed bin Talal Al Saud ( ar, الوليد بن طلال آل سعود; born 7 March 1955) is a Saudi Arabian billionaire businessman, investor, philanthropist and royal. He was listed on ''Time'' magazine's Time 100, an annual list of the hu ...
. Jeddah Economic City will host both commercial and residential development including homes, hotels, and offices. The centerpiece of the development will be
Jeddah Tower Jeddah Tower ( ar, برج جدة), previously known as Kingdom Tower (), is a skyscraper construction project currently on hold. Located on the north side of Jeddah, Saudi Arabia, it is planned to be the first tall building, and the centrep ...
, planned to be the tallest building in the world upon its completion. The entire project is estimated to cost $20 billion ( SR75 billion).


References

2016 establishments in Saudi Arabia Economy of Jeddah Geography of Jeddah Proposed infrastructure in Saudi Arabia Special economic zones Planned communities in Saudi Arabia {{SaudiArabia-stub