Wedoany.com Report-Mar 24, Saudi Arabia’s Public Investment Fund (PIF) has invited contractors to bid for the project management role on a 19 sq km “North Pole” business district in Riyadh, which will include the proposed 2km-tall Rise Tower.

The North Pole Project’s rendering of the future “new city”

The project is expected to cost in the region of $5bn.

Possible bidders include US contractors and engineers Aecom, Bechtel, Jacobs, Parsons and Turner Construction, as well as British company Mace.

Earlier this month, Turner was appointed project manager for the 1km-tall Jeddah Tower.

Before that, it project-managed the 828m-tall Burj Khalifa in Dubai, currently the world’s tallest building.

Foster + Partners’ design for the 678-storey Rise Tower won a competition at the end of 2022.

It will be situated in the north of the capital, near King Khalid International Airport, which Foster also master planned.