Saudi Arabia to Build World's Largest Building Worth $50 Billion
Saudi Arabia has started constructing the Mukaab, a massive cube-shaped building in Riyadh, set to be the world’s largest, aimed at boosting tourism and economic growth.
Saudi Arabia has started work on what is expected to become the world’s largest building, named the Mukaab. This ambitious project is part of the Vision 2030 initiative led by Crown Prince Mohammad bin Salman, which aims to reduce Saudi Arabia’s reliance on oil by focusing on sectors like tourism, technology, and public services.
The Mukaab project is being developed by the New Murabba Development Company (NMDC) and is funded by Saudi Arabia’s Public Investment Fund. It’s located in the capital city, Riyadh, and is expected to cost around US $50 billion. Crown Prince Mohammad bin Salman announced the project on 16th February 2023, and it is planned to be completed by 2030.
The Mukaab is designed as a massive cube, reaching 400 meters (1,312 feet) in height and width, making it capable of fitting about 20 Empire State Buildings inside. The structure will cover a total floor area of 2 million square feet and aims to serve as a “downtown-in-a-box.” It will include 1,04,000 residential units, 9,000 hotel rooms, along with various amenities such as fine dining, retail shops, office spaces, entertainment centers, and green areas. NMDC describes it as a “premium hospitality destination” with a human-centered design, providing green spaces accessible within a 15-minute walk from any point in the building. A rooftop garden will also be added to enhance the green atmosphere.
To create an immersive experience, Mukaab will use advanced technology and AI, with walls that act as screens displaying holograms and visuals. This will allow visitors to feel as though they are in different locations and times. Inspired by Saudi Arabia’s traditional architecture and natural landscapes, the Mukaab’s design blends nature, tradition, and modern innovation.
However, the project has sparked controversy. Some critics note its resemblance to the Kaaba in Mecca, while human rights groups have raised concerns about the potential exploitation of migrant labor and the possibility of local residents being displaced.
The Mukaab is expected to create around 3,34,000 jobs and add approximately $51 billion to Saudi’s non-oil GDP, marking a significant step in Riyadh’s modern infrastructure development.
