"Scaling Back: Saudi Arabia's Shrinking Vision 2030 Projects"
TL;DR
Saudi Arabia's Neom project, a key component of Crown Prince Mohammed bin Salman's Vision 2030 plan, is facing financial concerns as the kingdom's sovereign wealth fund has yet to approve Neom's budget for 2024. The trillion-dollar investments in Vision 2030, particularly Neom, have raised alarms within the government, leading to delays and pullbacks in some projects. Ethical concerns have also been raised about the megacity, including worries about surveillance and strict rules around criticizing the project.
- Saudi Arabia is worried about cost of Neom, Vision 2030 projects Business Insider
- Is Saudi's vision of a 170-km-long mirrored skyscraper a desert mirage? New Atlas
- Saudi cuts back NEOM desert city plans by 98.6 percent The Cradle
- Saudi Arabia's $1 trillion giga project The Line is decreasing in size from 105 miles to just 1.5 miles long UNILAD
- Dezeen Agenda features news that Saudi Arabia is scaling back The Line Dezeen
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