Saudi Arabia News - Gulf Insider
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www.gulf-insider.comThe Line megacity attended consultant briefings by consultants reassess its viability under tighter budgets; New leadership delays push completion beyond original timelines. Launched under Vision 2030 planned as a 170-km car-free metropolis targeting up to 1.5 million residents by 2030; updates suggest a substantially smaller population with limited early construction progress. Budgetary pressures driven by fluctuating oil revenue and leadership changes at NEOM have contributed to a scaled-back outlook and revised milestones.
Get the latest updates on Saudi Arabia from Gulf Insider.
www.gulf-insider.comConsultants hired by the Public Investment Fund will reassess the zero-carbon city's viability under tightened budgets driven by slumping oil revenue.
ground.newsSaudi 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.
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