The $500BN Megacity That Saudi Arabia Is Scaling Back

Saudi Arabia’s $500BN NEOM megacity was unveiled as one of the most ambitious construction projects in history. From The Line’s 170-kilometre mirrored skyscraper to Oxagon’s futuristic industrial hub, the project promised to transform the desert into a high-tech city of the future. But recent updates suggest NEOM is being scaled back. In this video, we explore what changed from rising costs and economic pressures to revised timelines, leadership changes and shifting national priorities under Vision 2030. 00:00 NEOM: Is the $500BN Megacity Failing? 01:34 Early Problems at NEOM 02:19 NEOM’s Financial Challenges 02:57 The Line Gets Scaled Back 04:03 NEOM Leadership Changes 05:26 Saudi Arabia’s 2030 Deadlines 06:29 What’s Still Moving Forward at NEOM 07:36 Is NEOM Actually Failing? 08:37 The Future of NEOM Subscribe for more megaproject documentaries:    / @unthinkablebuild   ──────────────────── Fair Use Disclaimer: This video contains copyrighted material used under Section 107 of the U.S. Copyright Act under fair use for documentary, educational, commentary, and analytical purposes. The content is transformative in nature. All rights belong to their respective owners. For concerns, contact: [email protected]