Saudi Bin Laden group to restart $26 billion expansion of Masjid Al Haram

Saudi Bin Laden group to restart $26 billion expansion of Masjid Al Haram

DUBAI: Saudi Binladin Group will restart work next month on the $26.6 billion expansion of Masjid al-Haram (the Grand Mosque) in Mecca, nearly two years after work stopped in the wake of a crane collapse at the site that killed 107 people, sources told Reuters on Thursday.

Work will resume after the annual haj pilgrimage, and Saudi Binladin will pay outstanding salaries owed to staff involved in the project beginning on Aug. 20, according to a notice that the company sent to banks and which was seen by Reuters.

Banking and construction industry sources confirmed the plan. Saudi Binladin, one of the country’s top construction conglomerates, and the the Ministry of Finance were not immediately available to comment.

Development of the Grand Mosque and its surrounding area to accommodate more worshippers was halted after the fatal construction accident in September 2015, and then remained on hold as government finances were squeezed by low oil prices.