Officials didn't address recent reports of rolling back ambitious construction, population target
Roadshow offered a glimpse into how the venture with $500bn price tag has evolved since Crown Prince Mohammed bin Salman announced it in 2017
No major deals were announced, and top project officials did not address the recent reports that NEOM's ambitious construction and population targets are being rolled back. The exhibition helped make NEOM "less mysterious", and reactions during an invitation-only reception were "mostly neutral", said Leonard Chan, chair of the Hong Kong Innovative Technology Development Association.
However, Bloomberg reported this month that under revised projections just 300,000 people would be living in The Line by decade's end, and only 2.4 kilometres of the project would be completed by then.Standing on Friday near a model of The Line – a gleaming blade slicing inland from the Red Sea – Qaddumi said only that the population target of nine million would be met "over time".
"You'll get off the plane and walk into the city. We will eliminate all the hassle of going through an airport, whether it's immigration or security or even... receiving your baggage at the airport. Your baggage will be sent to your address directly." The megacity is progressing alongside other major development projects launched as part of Vision 2030, Prince Mohammed's bid to position the world's biggest crude exporter for an eventual post-oil future.Last year, the Gulf kingdom emerged as the only bidder to host the 2034 World Cup, meaning it now has a decade to build the necessary stadiums and boost its lodging and transport capacity.
Mohammed Bin Salman Saudi Arabia Chinese Investors The Line Red Sea Gulf Of Aqaba Vision 2030
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