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Reading: Trump Towers goes to Jeddah : Aligning with Saudi Arabia’s Vision 2030
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BRICS Global Television Network > BRICS Plus > السعودية (Al-Su'udiyya) > Trump Towers goes to Jeddah : Aligning with Saudi Arabia’s Vision 2030
BRICS Plusالسعودية (Al-Su'udiyya)

Trump Towers goes to Jeddah : Aligning with Saudi Arabia’s Vision 2030

Khaka Ngcofe
Last updated: July 3, 2024 1:33 pm
By Khaka Ngcofe
6 Min Read
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Photo: AFP
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The Trump Organization has announced plans to construct a luxury tower in Jeddah, Saudi Arabia, in collaboration with Dar Global, the international branch of Saudi mega-developer Dar Al Arkan.  This project will mark the Trump Organization’s first significant venture in Saudi Arabia. Eric Trump, executive vice president of the Trump Organization and son of former US President Donald Trump, expressed excitement about the project.

The announcement comes shortly after the Trump Organization and Dar Global revealed a $500 million Trump International hotel complex in Oman. Trump Tower is a landmark skyscraper in Midtown Manhattan, New York City, which stands as a symbol of luxury and architectural innovation. It was developed by the Trump Organization, the tower has been a significant part of New York City’s skyline since its completion in 1983.

The idea for Trump Tower was conceived by Donald Trump in the late 1970s. He envisioned a mixed-use skyscraper that would feature luxury residential units, office space, and high-end retail stores. Trump Tower rises 58 stories and stands at 664 feet (202 meters). The building’s most notable design element is its 60-foot-high atrium, adorned with a waterfall and pink marble. The atrium serves as the centerpiece of the building, housing high-end retail stores and restaurants.

The upper floors contain luxury residential condominiums, many of which offer panoramic views of Central Park and the New York City skyline. The tower also features high-speed elevators, a private entrance for residents, and advanced security systems. The Trump Organization’s headquarters are located on the 26th floor, further cementing the building’s significance within the company.

One of the core objectives of Vision 2030 is to diversify Saudi Arabia’s economy by attracting foreign investment and promoting non-oil industries. The Trump Organization’s luxury tower project is a significant step in this direction. By collaborating with Dar Global, the Trump Organization is bringing international expertise and capital into the Saudi real estate market, which can spur further economic activities and create job opportunities in construction, hospitality, and retail sectors.

Vision 2030 places a strong emphasis on developing the tourism sector, with the goal of attracting 100 million visitors annually by 2030. The new Trump Tower in Jeddah will contribute to this vision by offering a high-end destination for international tourists and business travelers. The luxury accommodations and amenities provided by the Trump Tower will elevate Saudi Arabia’s hospitality standards and appeal to affluent global tourists seeking premium experiences.

Saudi Arabia is investing heavily in urban development projects, including the creation of smart cities and the modernization of existing urban centers. The construction of Trump Tower in Jeddah aligns with these efforts by introducing state-of-the-art architecture and advanced infrastructure to the city. This project can serve as a model for future developments, showcasing cutting-edge design and sustainable building practices that are in line with global standards.

Vision 2030 aims to improve the quality of life for Saudi citizens by developing vibrant societies and enhancing cultural offerings. The Trump Tower will likely include high-end retail spaces, fine dining restaurants, and entertainment venues, contributing to the cultural and lifestyle transformation envisioned in Vision 2030. These facilities will not only attract tourists but also provide new leisure and cultural experiences for residents of Jeddah.

Trump Tower has played a prominent role in popular culture and has been featured in numerous movies and television shows. It gained further notoriety as the primary filming location for “The Apprentice,” the reality TV show hosted by Donald Trump, which premiered in 2004. Over the years, Trump Tower has attracted a diverse array of tenants, including celebrities, business moguls, and international buyers.

Some of the notable residents have included Bruce Willis, Michael Jackson, and Steven Spielberg. The building has also housed various high-end retail stores, such as Gucci and Tiffany & Co. By partnering with Dar Global, the Trump Organization is fostering international collaboration, which is a key component of Vision 2030. This partnership highlights Saudi Arabia’s openness to global business and its commitment to creating a conducive environment for international investors. Such collaborations can enhance Saudi Arabia’s reputation as a business-friendly destination and encourage more global companies to invest in the kingdom.

The Trump Organization’s new luxury tower in Jeddah is more than just a real estate development; it is a strategic initiative that aligns with Saudi Arabia’s Vision 2030. By contributing to economic diversification, enhancing tourism, promoting urban development, enriching cultural offerings, and fostering global partnerships, this project supports the Kingdom’s ambitious goals.

ALSO READ: Cairo Nights brings Egypt’s lively urban culture to Jeddah

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TAGGED:Dar Al Arkandevelopment projectsforeign investmentJeddahluxury residential condominiumsluxury tower projectprojectSaudi Vision 2030The Trump OrganizationTrump Towers
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Khaka Ngcofe
ByKhaka Ngcofe
Khaka is a dedicated professional with a passion for unravelling global complexities. She brings a unique perspective to journalistic endeavours. Her award-winning docie series on Human Trafficking received millions of views on Youtube.
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