Jeddah Tower
John Perunto, Project Director of Jeddah Tower, said that construction work on the tower is proceeding according to the established schedule, with completion expected in August 2028. 
He told the Newsweek newspaper that the tower has already reached significant heights, indicating that it is very close to the 104th floor, at a height of slightly more than 400 meters.
The pace of construction is accelerating toward the upper floors, said Perunto, expecting the project to reach the upper observation level around the 160th floor, known as the Sky Terrace, within 60 weeks.
The official further stated that construction work is progressing at a rate estimated at approximately 4 meters per week, which puts the project on track to reach a height of 500 meters within approximately 25 weeks.
According to data available on Argaam, Kingdom Holding previously announced in January 2025 the official resumption of construction works and concrete pouring for Jeddah Tower.
Meanwhile, KHC’s affiliate Jeddah Economic Co. (JEC) signed an agreement in October 2024 with Saudi Binladin Group (SBG) to complete construction works on the tower project, which is expected to exceed 1,000 meters in height.
The company noted that the total contract value amounts to SAR 7.2 billion, adding that about SAR 1.1 billion had already been paid earlier as part of the overall value of completed construction works, with an execution period of 42 months.
Jeddah Tower
John Perunto, Project Director of Jeddah Tower, said that construction work on the tower is proceeding according to the established schedule, with completion expected in August 2028.
He told the Newsweek newspaper that the tower has already reached significant heights, indicating that it is very close to the 104th floor, at a height of slightly more than 400 meters.
The pace of construction is accelerating toward the upper floors, said Perunto, expecting the project to reach the upper observation level around the 160th floor, known as the Sky Terrace, within 60 weeks.
The official further stated that construction work is progressing at a rate estimated at approximately 4 meters per week, which puts the project on track to reach a height of 500 meters within approximately 25 weeks.
According to data available on Argaam, Kingdom Holding previously announced in January 2025 the official resumption of construction works and concrete pouring for Jeddah Tower.
Meanwhile, KHC’s affiliate Jeddah Economic Co. (JEC) signed an agreement in October 2024 with Saudi Binladin Group (SBG) to complete construction works on the tower project, which is expected to exceed 1,000 meters in height.
The company noted that the total contract value amounts to SAR 7.2 billion, adding that about SAR 1.1 billion had already been paid earlier as part of the overall value of completed construction works, with an execution period of 42 months.
