Tech Insider
A conceptual image of the planned design for The Line in Saudi Arabia's Neom, shows a large mirrored facade extending out into the water from the desert.
The planned design for The Line in Neom.

Neom

  • Saudi Arabia is reportedly getting ready to slash Neom's budget.
  • The megaproject is expected to get 20% less than its target funding, Bloomberg reported. 
  • Saudi Arabia has been struggling to justify the enormous cost of megaprojects such as Neom.

Saudi Arabia appears to be facing up to the reality of its Neom dreams.

Tags
Tech, neom, Saudi, saudi-arabia, trending-uk, megaprojects, red-sea
Source
Saudi Arabia's Neom dreams collide with financial reality as budgets reportedly…