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Sat 23 Feb 2008 11:08 AM

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Prince Alwaleed to invite bids for mile-high tower

Building could be twice as high as Burj Dubai, set to become world's tallest structure.

Kingdom Holding Company, controlled by Saudi billionaire Prince Alwaleed bin Talal, plans to invite bids before July for contracts to build the world's tallest tower in Saudi Arabia, a weekly magazine said.

The Mile High Tower, which could reach 1,600 metres in height, is to be built in the Red Sea port city of Jeddah and may cost up to $10 billion, the London-based Middle East Economic Digest (Meed) said in its latest issue, citing a source close to the project.

Dubai's Emaar Properties, the largest Arab developer by market value, is currently building the Burj Dubai, part of a $20 billion project in the emirate, which it says will be the world's tallest building.

The Mile High tower could be twice as tall as the Burj Dubai, Meed said. (Reuters)

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Shivan 12 years ago

Can the writer of the article or anyone say who the designers or architectural consultants are for this super tall building?