Saudi Arabia News - Gulf Insider
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www.gulf-insider.comThe Line megacity appeared at visiting board meetings as consultants reassess its viability under tightened budgets; With new leadership delays past initial targets. Unveiled as part of Vision 2030 to be a 170-km car-free city initially targeting 1.5 million residents by 2030; updates suggest a much smaller population with limited early construction progress. Budgetary pressures driven by fluctuating oil revenue and leadership changes at NEOM contributed to a scaled-back outlook with revised milestones.
Get the latest updates on Saudi Arabia from Gulf Insider.
www.gulf-insider.comSaudi Arabia's The Line project in NEOM has been suspended by several years, and work now won't start until beyond 2030. This is rough.
onemileatatime.comConsultants hired by the Public Investment Fund will reassess the zero-carbon city's viability under tightened budgets driven by slumping oil revenue.
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