World's tallest building coming to Saudi Arabia

Till now the world tallest building is Burj Khalifa which is going to change in near future. Saudi billionaire Prince Alwaleed bin Talal signed a $1.23 billion for making another tallest building in the Red Sea port city of Jeddah(Saudi Arabia).

After completion of the building , the building will be 1,000-meter-plus (3,280-foot-plus) tower and it would replace Gulf neighbor Dubai's 828-meter (2,716-foot) Burj Khalifa as the tallest tower in the world.
The whole project of making the city would cost around 20 billion dollar and for making the building alone cost $1.23 billion.For making Burj Khalifa it costs $1.5 billion dollar.Saudi Arabai wants to send the message to the world about its economic strength with making this tower.

The building will have Four Seasons hotel, serviced apartments, Class A office space, luxury condominiums and the world's highest observatory.

Source www.msnbc.msn.com