Prince Alwaleed chairs the board meeting.
JEC, Jeddah Tower plans approved
JEDDAH, February 5, 2018
The strategic plan for the progress of the Jeddah Economic City and Jeddah Tower project was approved by the board of directors of Alinma Jeddah Economic City Fund (The Fund) today.
The board meeting, chaired by Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), set the dates of signing the electric power and the hotel management contracts for the project, said a statement.
Prince Alwaleed praised the signing of the infrastructure contract which will get the area ready for development and investment, it said.
