Saudi Arabia Reassesses The Line as Construction Advances Under New CEO
Consultants hired by the Public Investment Fund will reassess the zero-carbon city's viability under tightened budgets driven by slumping oil revenue.
ground.newsThe Line was seen at leadership sessions by consultants reevaluate viability under tighter budgets; New leadership delays push timelines past initial targets. Launched under Vision 2030 planned as a 170-km car-free metropolis aimed for up to 1.5 million residents by 2030; updates suggest a substantially smaller population with limited progress in early construction. Budgetary pressures from fluctuating oil revenue and leadership changes at NEOM contributed to a scaled-back outlook and revised milestones.
Consultants 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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