Saudi Arabia’s construction of its megacity project NEOM is projected to cost almost $9 trillion and take over five decades to complete, an internal audit has revealed.
Saudi Arabia’s construction of its megacity project NEOM is projected to cost almost $9 trillion and take over five decades to complete, an internal audit has revealed.
In addition to a comically large bill to pay, Saudi Arabia has a pretty significant issue with attracting outside investors / tourism. I’m guessing most people visiting this thread can’t name the capital of SA (hint, it’s not Dubai… That’s not even in the right country)
No one wants to visit because they’re actively hostile towards even the slightest imposition on their beliefs. It’s hard to justify going somewhere where you could get locked up for what would elsewhere be considered a minor faux pas.
Good luck justifying a $9T vanity project that will only be visited / populated by citizen oil workers, assuming they will even still have jobs in a few decades.
SA needs to undergo some pretty significant cultural shifts before even considering dropping a few trilly on some new digs.