Can Saudi Arabia keep pace with its ambitious mega-project spending spree?

In Saudi Arabia’s northwestern desert, a massive construction site is underway for The Line, a high-tech city designed to house 9 million people within two 106-mile long glass skyscrapers. This project is part of Neom, a futuristic development envisioned by Saudi Crown Prince Mohammed bin Salman to diversify the economy and create new industries, with an estimated cost of up to $1.5 trillion. Despite recent changes in spending priorities due to a growing deficit and low oil prices, the ambitious plans for Neom and other megaprojects continue to shape Saudi Arabia’s future.

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