It appears that Neom—Saudi Arabia’s hugely expensive, architecturally bizarre urban development project—is floundering and close to collapse. A new report from the Financial Times cites high-level sources within the project to paint a picture of dysfunction and failure at the heart of the quixotic effort.

Neom was envisioned as a vast series of fantastical urban developments spread across the coast of the Red Sea. At the center of the project is The Line—a proposed 105-mile-long city which developers had initially projected could house as many as 9 million people by the year 2030. The Line is defined by bizarre architectural flourishes that, as the story notes, have seemed impossible even to the execs tasked with making them a reality.

  • Lodespawn@aussie.zone
    link
    fedilink
    English
    arrow-up
    13
    ·
    22 hours ago

    It was actually a pretty great extraction of wealth by UK and international architectural and civil engineering firms.

    • IronBird@lemmy.world
      link
      fedilink
      English
      arrow-up
      5
      ·
      17 hours ago

      it’s almost funny how terrible the sauds are at investing gambling, or it would be if they didn’t blow shit up everytime they get bagged.

      nobody likes a sore loser

    • answersplease77@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      ·
      edit-2
      15 hours ago

      McKinsey & Company alone pocketed $800+Millions for their “engineering consulting” … If they gave me a $1000, I’d have given better consulting and saved them billions