Saudi Prince Al-Waleed bin Talal says he will build the world's tallest building in the Saudi city of Jeddah.
13 Ekim 2008 Pazartesi 09:46
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.
Al-Waleed is a billionaire businessman and member of the royal family.
The booming city of Dubai in the United Arab Emirates has also said it will build a building over a kilometer high.
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). 
