Jeddah Tower construction on track for August 2028 deadline: Official

Jeddah Tower

Construction work on the Jeddah Tower is proceeding according to the established schedule, with completion expected in August 2028, Project Director John Peronto told Newsweek.

The tower is approaching 104th floor, marking a height of slightly more than 400 meters, Peronto said.

The pace of construction is accelerating, Peronto said, expecting the project to reach the upper observation level around the 160th floor, known as the Sky Terrace, within 60 weeks.

Peronto estimated construction progress rate at approximately 4 meters per week, which puts the project on track to reach a height of 500 meters within 25 weeks.

In January 2025, Kingdom Holding Co. (KHC) announced resumption of construction works and concrete pouring for Jeddah Tower, Argaam earlier reported.

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, 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.