Saudi Arabia's NEOM Project Faces Setbacks, Review Underway
Saudi Arabia's NEOM Project Faces Setbacks, Review Underway

Saudi Arabia's NEOM Project Faces Setbacks, Review Underway

News summary

Saudi Arabia’s ambitious NEOM project, particularly its flagship 'The Line' sideways skyscraper, has encountered significant challenges including construction delays, resource constraints, and a 'comprehensive review' to reassess feasibility and project priorities. Recent aerial images reveal minimal visible progress at the site, with only a concrete floor in place and little activity, fueling skepticism about the project's pace and viability. The Line, originally planned to house 1.5 million residents, has now scaled back its target to 300,000, reflecting concerns over scope and resource allocation. Sources indicate that while some main NEOM projects continue, others are being reconsidered, with spending recalibration underway. The project, part of Saudi Arabia’s Vision 2030 to diversify the economy, has also faced criticism for its ambitious scale, missed deadlines, budget overruns, and alleged human rights abuses. Despite these setbacks, NEOM leadership asserts the review will help determine which elements to prioritize moving forward.

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