RIYADH, Saudi Arabia — Saudi Arabia unveiled plans Tuesday to build the world's tallest tower — a mixed-use structure that will rise two-thirds of a mile high — in the Red Sea port city of Jeddah.
Saudi billionaire Prince Alwaleed bin Talal signed a $1.23 billion contract with Bin Laden Group for the proposed tower, which will take just over five years to complete. The building is the centerpiece of the planned Kingdom City development being built outside Jeddah by Prince Alwaleed's Kingdom Holding.
3 comments:
Built with our oil money. I wonder what our economy would be like if we had drilled and refined our own oil instead of paying a premium to the Saudis.
Am I the only one who noticed that it was paid to a company called the "Bin Laden Group"???
Could be why Obama took Bin Laden out. After all he does bow to the Saudi prince. Maybe they needed him out of the way to get this project started.
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