Home / News / “World’s Fastest” Elevators for Kingdom Tower in Jeddah “World’s Tallest” Tower Prince Alwaleed: “The construction of Kingdom Tower continues on its strategic path”

“World’s Fastest” Elevators for Kingdom Tower in Jeddah “World’s Tallest” Tower Prince Alwaleed: “The construction of Kingdom Tower continues on its strategic path”

June 15, 2014

Jeddah Economic Company (JEC) that is chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, announced the selection of KONE Corporation as the vertical transportation provider to deliver the world’s fastest and highest double-decker elevators to Kingdom Tower, which will travel at a speed of over 12.5 meters per second.


Kingdom Tower in Jeddah, will be equipped with a total of 65 Kone elevators and escalators including 21 Kone MonoSpace elevators, 29 Kone MiniSpace elevators, seven Kone DoubleDeck MiniSpace elevators, and eight KONE TravelMaster 110 escalators.


Prince Alwaleed said: “The construction of Kingdom Tower continues on its strategic path.”


Eng. Talal Almaiman, Executive Director Development and Domestic Investments, Chairman and CEO of Kingdom Real Estate Development Company (KRED), a board member of KHC and JEC added: “The selection of the working team, vertical transportation, and above all every important decision goes through a tight yet efficient process to guarantee best value for money. All that projects within the development of Kingdom City Jeddah will have the latest technologies and environment friendly materials. The Kingdom city projects are to realize the vision of the investors and give the city of Jeddah a new world-class city center.”


KONE Corporation is one of the global leaders in the elevator and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading elevators, escalators and automatic building doors as well as innovative solutions for modernization and maintenance.


In 2013, Mr. Mounib Hammoud, Chief Executive Officer, JEC announced the completion of the piling works and the construction by Saudi Bin Laden Group of the base of the three legs of  the tallest tower in the world (Kingdom Tower). This achievement is considered to be the base of works above ground.


In the same year, JEC appointed a British the consortium of companies EC Harris and Mace to provide Project Management services for the Kingdom Tower project in Jeddah.


The contract value is SR 162 million and includes the management of all aspects of the project’s delivery with specific emphasis on the management of the program and cost. 


In 2013, Prince Alwaleed visited JEC’s. Prince Alwaleed’s visit came within the framework of supporting the planned work in progress, as His Highness observed the piling works being done by Saudi Bauer Company. Also His Highness was briefed on the construction plans and phases. Thereafter, His Highness commended the project team and urged everyone to continue the diligent work to complete the construction of Kingdom Tower in 2018.