"Saudi Arabia Revises Ambitious Neom Project Amid Cost Concerns"

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Source: indy100
"Saudi Arabia Revises Ambitious Neom Project Amid Cost Concerns"
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TL;DR Summary

Saudi Arabia's ambitious urban desert city project, The Line, part of the larger Neom development, is scaling back its plans, with only 2.4 kilometers expected to be completed by 2030 instead of the originally envisioned 170 kilometers. The project, intended to accommodate 9 million people, is facing delays and budget concerns, leading to the dismissal of some workers on site. Neom, aimed at transforming Saudi Arabia's economy, includes plans for an industrial city, ports, and tourism developments, with concerns arising at the highest levels of the Saudi government over the trillions of dollars of investment.

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