Published 21 days ago

Saudi Arabia's $1 trillion giga project The Line is decreasing in size from 105 miles to just 1.5 miles long

The Saudi government's goal for "The Line" has been reduced to accommodating fewer than 300,000 residents by 2030.
Originally planned to be a 170 km city with mirrored skyscrapers, the project's scope has been drastically scaled back, with only 2.4 km expected to be completed by 2030.
One contractor is already laying off workers due to the revised plans.

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Bloomberg

Saudis Scale Back Ambition for $1.5 Trillion Desert Project Neom

Saudi Arabia has scaled back its medium-term ambitions for the desert development of Neom, the biggest project within Crown Prince Mohammed bin Salman’s plans for diversifying the oil-dependent economy, according to people familiar with the matter.

29 days ago·United States

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Business Insider

Saudi Arabia's futuristic $500 billion Neom megacity just got a lot smaller ... for now, report says

A conceptual image of "The Line" in Neom.NeomSaudi Arabia has cut estimates for people living in its $500 billion Neom project.Its government hoped the futuristic "The Line" city would hold 1.5 million by 2030.Now, fewer than 300,000 are expected to live there by then, officials said, per Bloomberg.Saudi Arabia has cut estimates for the number of people living in its Neom megacity project by 2030.Its government had previously said it wanted 1.5 …

28 days ago·United States

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WND

Saudi Arabia 'scales back' goals of megacity project | WND | by Around the Web

(MIDDLE EAST EYE) – Saudi Arabia has scaled back some of its ambitions for its desert megacity Neom, according to a report by Bloomberg. The $1.5 trillion megacity project, which organizers claim will be 33 times the size of New York City, is due to include a 170km straight-line city. When launching The in…

21 days ago·Medford, United States

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Firstpost News

Why Saudi Arabia is scaling back plans for its mega desert project Neom

Saudi Arabia is looking to scale back its plans on the 170-km-long 'The Line' city within its megaproject of NEOM. It was meant to be home to around 1.5 million residents by the end of the decade. But, now the upcoming town will not house more than 300,000 people. Here’s what has gone wrong

23 days ago·Mumbai, India

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