Saudi prince to build the world’s tallest building

The Burj Dubai in Dubai is touted to be the world’s tallest structure when completed by September 2009. However Saudi Prince Al-Waleed bin Talal will not let that remain for long as he will build the world’s tallest building in the Saudi city of Jeddah. Sunday’s statement by his firm, Kingdom Holding Company, says the building will be more than a kilometer (3,281 feet) high and will be part of a larger project that will cost 100 billion Saudi riyals ($26.7 billion). The project, called Kingdom City, will span 23 million square meters (248 million square feet) and will include luxury homes, hotels and offices.
[Haber]