The Chamber’s Investment Building — Business Tower on King Fahd Road
Remove from watchlistA 22-storey office tower on chamber-owned land to diversify non-membership revenue; the foundations of axes 12–16 face high groundwater.
Budget (BAC)
Actual cost
46% of budget
Progress
Estimate at completion
SAR +908K
SPI · CPI
Forecast finish
64 days behind baseline
ExecutionStage 4 of 5
Next gate:Closure5 March 2027
- Pre-start · CompletePre-start · Complete
- Gate into «Initiation»DecisionGoDate3 April 2024Initiation · CompleteInitiation · Complete
- Gate into «Planning»DecisionGoDate2 June 2024Planning · CompletePlanning · Complete
- Gate into «Execution»DecisionGoDate24 November 2024Execution · Current stageExecution · Current stage
- Gate into «Closure»DecisionNot held yetDate5 March 2027Closure · Not startedClosure · Not started
Milestones
Contractual, executive, payment, regulatory and project milestones: planned, forecast and actual dates, delay, owner, evidence and approval.
Milestone runway
The hollow diamond is the approved baseline date, the solid one the actual or forecast, the line between them the delay
Milestone register
Display options
| Project plan approvedMS-G1 | Executive | 2025-01-14 | 2025-05-14 | +120 days | Eng. Ahmed Y. AsiriEng. Ahmed Y. AsiriDirector, Construction Projects & BuildingsP-020a.asiri@chamber.sa | Achieved | 1 | Approved |
| Designs approvedMS-G2 | Project | 2025-07-06 | 2026-02-03 | +212 days | Eng. Ahmed Y. AsiriEng. Ahmed Y. AsiriDirector, Construction Projects & BuildingsP-020a.asiri@chamber.sa | Achieved | 1 | Approved |
| Build completeMS-G3 | Contractual | 2026-03-23 | 2027-03-09 | +351 days | Eng. Ahmed Y. AsiriEng. Ahmed Y. AsiriDirector, Construction Projects & BuildingsP-020a.asiri@chamber.sa | Late | 0 | Not requested |
| Testing & acceptance completeMS-G4 | Regulatory | 2026-12-09 | 2027-06-04 | +177 days | Eng. Ahmed Y. AsiriEng. Ahmed Y. AsiriDirector, Construction Projects & BuildingsP-020a.asiri@chamber.sa | At risk | 0 | Not requested |
| Final handoverMS-G5 | Payment | 2027-05-31 | 2027-08-01 | +62 days | Eng. Ahmed Y. AsiriEng. Ahmed Y. AsiriDirector, Construction Projects & BuildingsP-020a.asiri@chamber.sa | At risk | 0 | Not requested |
Deliverables register
Each deliverable with its acceptance criteria, files, versions, reviewer and approver, through its states from draft to approved.
Progress counted from deliverables
Project progress = the sum of the weights of deliverables accepted with a completion certificate. Nothing counts before it is accepted and certified.
Weights sum to 100%
Counted
44%Awaiting acceptance
12%Not handed in
44%Deliverable flow
Display options
| Project plan & baseline020-D1 | 3% | CRT-020-01 | Approved | Eng. Ahmed Y. AsiriEng. Ahmed Y. AsiriDirector, Construction Projects & BuildingsP-020a.asiri@chamber.sa | Hisham A. Al-Tuwairqi | 2024-10-19 | V1 | 3 of 3 |
| Monitoring & reporting020-D2 | 3% | CRT-020-02 | Approved | Hisham A. Al-TuwairqiHisham A. Al-TuwairqiDirector, InvestmentP-051h.altuwairqi@chamber.sa | Hisham A. Al-Tuwairqi | 2025-01-14 | V1 | 3 of 3 |
| Detailed design020-D3 | 6% | CRT-020-03 | Approved | Hisham A. Al-TuwairqiHisham A. Al-TuwairqiDirector, InvestmentP-051h.altuwairqi@chamber.sa | Hisham A. Al-Tuwairqi | 2025-04-10 | V1 | 3 of 3 |
| Permits & approvals020-D4 | 6% | CRT-020-04 | Approved | Sarah A. Al-QarniSarah A. Al-QarniAssistant Secretary-General, Support ServicesP-012s.alqarni@chamber.sa | Hisham A. Al-Tuwairqi | 2025-07-06 | V1 | 3 of 3 |
| Site works & excavation020-D5 | 13% | CRT-020-05 | Approved | Sarah A. Al-QarniSarah A. Al-QarniAssistant Secretary-General, Support ServicesP-012s.alqarni@chamber.sa | Hisham A. Al-Tuwairqi | 2025-10-01 | V1 | 3 of 3 |
| Structure020-D6 | 13% | CRT-020-06 | Approved | Eng. Ahmed Y. AsiriEng. Ahmed Y. AsiriDirector, Construction Projects & BuildingsP-020a.asiri@chamber.sa | Hisham A. Al-Tuwairqi | 2025-12-27 | V1 | 3 of 3 |
| Finishes020-D7 | 12% | — | Submitted | Hisham A. Al-TuwairqiHisham A. Al-TuwairqiDirector, InvestmentP-051h.altuwairqi@chamber.sa | Hisham A. Al-Tuwairqi | 2026-03-23 | V1 | 1 of 3 |
| Supply020-D8 | 10% | — | Draft | Eng. Ahmed Y. AsiriEng. Ahmed Y. AsiriDirector, Construction Projects & BuildingsP-020a.asiri@chamber.sa | Hisham A. Al-Tuwairqi | 2026-06-18 | V0 | 0 of 3 |
| Installation020-D9 | 10% | — | Draft | Hisham A. Al-TuwairqiHisham A. Al-TuwairqiDirector, InvestmentP-051h.altuwairqi@chamber.sa | Hisham A. Al-Tuwairqi | 2026-09-13 | V0 | 0 of 3 |
| Testing & commissioning020-D10 | 10% | — | Draft | Sarah A. Al-QarniSarah A. Al-QarniAssistant Secretary-General, Support ServicesP-012s.alqarni@chamber.sa | Hisham A. Al-Tuwairqi | 2026-12-09 | V0 | 0 of 3 |
| Provisional acceptance020-D11 | 7% | — | Draft | Hisham A. Al-TuwairqiHisham A. Al-TuwairqiDirector, InvestmentP-051h.altuwairqi@chamber.sa | Hisham A. Al-Tuwairqi | 2027-03-05 | V0 | 0 of 3 |
| Final acceptance020-D12 | 7% | — | Draft | Sarah A. Al-QarniSarah A. Al-QarniAssistant Secretary-General, Support ServicesP-012s.alqarni@chamber.sa | Hisham A. Al-Tuwairqi | 2027-05-31 | V0 | 0 of 3 |
| Total · 12 | 100% |