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Will Saudi Arabia announce a new mega-project by December 31, 2025?
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Resolution / Starting Odds
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Official announcements from the Saudi Arabian government or news reports
Story
Saudi Arabia Breaks Ground on $50B Mukaab, 1,300 Feet High, World's Largest Building, to Fit 20 Empire State Buildings
Oct 25, 2024, 12:52 AM
Saudi Arabia has officially commenced construction on The Mukaab, a $50 billion mega-project that is set to become the world's largest building. Located in Riyadh, the structure will stand 1,300 feet tall and has the capacity to accommodate 20 Empire State Buildings. This initiative reflects the country's ongoing efforts to diversify its economy and invest in large-scale infrastructure projects. Additionally, Saudi Arabia has engaged the world's largest fund manager to assist in developing a market for mortgage-backed securities, indicating a broader strategy to enhance its financial sector.
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China • 25%
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European Union • 25%
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New airport terminal • 25%
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Hotel complex • 25%
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