Saudi Arabia’s construction of its megacity project NEOM is projected to cost almost $9 trillion and take over five decades to complete, an internal audit has revealed.

  • RvTV95XBeo@sh.itjust.works
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    1 day ago

    In addition to a comically large bill to pay, Saudi Arabia has a pretty significant issue with attracting outside investors / tourism. I’m guessing most people visiting this thread can’t name the capital of SA (hint, it’s not Dubai… That’s not even in the right country)

    No one wants to visit because they’re actively hostile towards even the slightest imposition on their beliefs. It’s hard to justify going somewhere where you could get locked up for what would elsewhere be considered a minor faux pas.

    Good luck justifying a $9T vanity project that will only be visited / populated by citizen oil workers, assuming they will even still have jobs in a few decades.

    SA needs to undergo some pretty significant cultural shifts before even considering dropping a few trilly on some new digs.

  • IrateAnteater@sh.itjust.works
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    5 days ago

    I love me some mega-projects, but as much as I’d love to see Neom succeed, I will be absolutely shocked if it ever becomes something more than a big ditch in the desert.

  • ditty@lemm.ee
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    5 days ago

    This is that proposed city that’s just a big rectangle/straight line in the desert?

      • axh@lemmy.world
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        4 days ago

        It might be a long straight line, so everything will be as far away from everything else as geometrically possible, but at least it will have a hyperloop inside to quickly travel between parts of the line… Oh wait

  • hokori616@lemmy.world
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    5 days ago

    50 years would be 2075, assuming that they don’t run out of money or lose interest by then. The World Cup in 2034 is slightly before 2075. Hence, is the plan to host it in a construction site or doing it digitally in their lovely digital model of the stadium?