Saudi Arabia News - Gulf Insider
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www.gulf-insider.comThe Line attended consultant briefings with consultants reassess its viability under tightened budgets; Under new leadership delays push completion past initial targets. Launched under Vision 2030 with a 170-km car-free design aimed for up to 1.5 million residents by 2030; early updates show a much smaller population with limited progress in early construction. Budget pressures driven by fluctuating oil revenue and leadership changes at NEOM lead 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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