The Saudi Ben Laden Group, deemed the largest construction firm in the world and headquartered in Jeddah, Saudi Arabia, has unveiled new plans to build the tallest Skyscraper in Europe and Africa in Morocco. The tower is reported to be 514m long and the project is valued at over $1.5 Billion. The Ben Laden group is not new to breaking records and shaping the skyline of different Arab countries, notably Saudi Arabia since it is already building the world’s new tallest building, Kingdom tower, in Jeddah where the multinational conglomerate is headquartered.
The new project unveiled to take place in Casablanca will not only yield the tallest Skyscraper in the region, but will also make use of the latest technology to build the complex that will house the biggest mall in Africa, as well as top of the line offices and working spaces. Cherry on top, the Ben Laden group also detailed that the complex will house a 7 star hotel serviced by some of the leading brands in Hospitality in the world.
It’s worth noting that the Casablanca tower will house 114 levels, equivalent to the number of surats in the Quran as explained by Osama Al Hosaini, CEO of Al Turki Holdings, one of the partner firms involved in the project. The tower will also boast new IT standards and a greater integration of smart technology, allowing it to be vastly monitored and operated through integrated systems and online networks.
The Gulf construction and real estate companies, driven by a state policy to diversity its economic activity and move away from its oil dependence, have been strongly active in the Moroccan market, both in the property and hospitality sector. Morocco has been seen as relatively stable compared to the rest of the MENA region, and its strategic location at the doors of Europe and its strong Tourism metrics make it a destination of choice for the UAE and Saudi construction and property development firms.
Photo Credit: Le Mag