Dar Global, the real estate developer, has awarded the enabling works contract for the Trump Tower Jeddah to Specialized Italian Foundation Co. Ltd. (SIFCO), according to a company statement.
SIFCO, a 100pct Saudi foreign investment firm, specializes in deep foundations construction.
The USD 531 mln Trump Tower Jeddah will be located on the Corniche in Jeddah and is set to become one of the city’s tallest residential towers, with 47 floors, Dar Global said.