(Yicai) June 26 -- Chinese curtain wall contractor Jangho Group said it has secured a SAR1.05 billion (USD280 million) deal to work on Saudi Arabia's Jeddah Tower, which at more than one kilometer in height will be the world's tallest building once completed.

Jangho’s local unit inked a subcontract for the work with the main contractor Saudi Binladin Group, its Beijing-based parent company announced late yesterday. The three-year deal covers design, raw material supply, construction, installation, testing, and maintenance, it added.

Jianghe was responsible for the Jeddah Tower’s curtain wall design after the project was launched in 2011. But construction stalled after 2018 due to an anti-corruption campaign in Saudi Arabia and then the Covid-19 pandemic. Work only resumed last October, with completion now targeted for 2028.

The Burj Khalifa in Dubai is currently the world’s tallest skyscraper at 828 meters.

Jangho’s shares [SHA: 601886] closed unchanged at CNY5.50 (77 US cents) each in Shanghai today, after earlier jumping by as much as 2.7 percent.

The firm has worked on many big curtain wall projects in Saudi Arabia, including Jeddah Airport, Jeddah Railway Station, and Riyadh's Capital Market Authority Tower, its executives said on the Shanghai bourse's investor interaction platform in April last year.

Editor: Martin Kadiev