The Public Investment Fund (PIF) extended the deadline for receiving bids to appoint a project management consultancy (PMC) for its upcoming central business district (CBD) on the outskirts of Riyadh, according to MEED.
The CBD will include a proposed two-kilometer-high tower.
The deadline for bid submission was extended to 20 March from March 4, the report said.
UK-based Foster + Partners won the design competition launched in late 2022.
According to estimates, a two-kilometer-high tower is expected to cost $5 billion, based on the project’s final design.
The dizzying tower and the surrounding area are part of the North Pole project in the northern part of Saudi Arabia’s capital.
The Public Investment Fund (PIF) extended the deadline for receiving bids to appoint a project management consultancy (PMC) for its upcoming central business district (CBD) on the outskirts of Riyadh, according to MEED.
The CBD will include a proposed two-kilometer-high tower.
The deadline for bid submission was extended to 20 March from March 4, the report said.
UK-based Foster + Partners won the design competition launched in late 2022.
According to estimates, a two-kilometer-high tower is expected to cost $5 billion, based on the project’s final design.
The dizzying tower and the surrounding area are part of the North Pole project in the northern part of Saudi Arabia’s capital.
