Neom’s acting, after failures Saudi Mega-project reviews

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CEO of Saudi Arabia’s Neom, the flagship scheme of TAC Prince Mohammad bin Salman, the flagship scheme of the two people in recent weeks, launched a “comprehensive investigation”.

AIMAN Al-Mudaifer was appointed President of the President in November in November Nadhmi al-Nasr’s sharp separationOver the six years, the $ 500 billion Mega project has been leading, but has faced an increasing research on management and pressure to convey the results.

One of the people familiar with the issue said the main projects in Neom “usually lasted”, but some of them are “considered in terms of their coverage.”

Some tourism development in the Red Sea, which has not yet begun, has been postponed.

The review “occurs in the environment of limited resources,” he said. “Some things needed to look again.”

Gigaproject described by officials in the world’s largest construction site covers the area of ​​the desert and the mountains along the Red Sea, which extends to the borders of Jordan and Egypt.

This includes a city of futuristic linear, which is called a city that is likely to avoid many developments, including many developments, including 170 km; Coastal logistics and industrial zone known as Oxagon; And in 2029 a ski resort called Trojena, who will host Asian winter games.

Former Executive Director of the State Oil Company Saudi Aramco joined the prostitute after the great state infrastructure projects prestige.

However, Neom struggled with projects working on a budget and time schedule, and drew skepticism from the kingdom and abroad since the date of its start in 2017.

Reviad almost almost almost almost almost almost almost almost almost almost almost almost tries to manage a large scale of projects announced as part of the 2030 program of Prince Muhammad. Kingdom.

As a result, the state-related institutions are forced to squeeze their pipelines, consultants are reduced, and some projects are withdrawn or phased for longer.

A second person said that the study was conducted “how low it will be.”

“It’s just a good overall management. This (spending) is relevant to the calculation.” “There is a big pressure on Neoma to deliver as totemic – the vision is inextricably related to 2030.”

“This is an unprecedented project, not just for Saudi Arabia.”

Prince Mohammad is the Ali Department of Neom, the center of the high amendment of economic transformation to reduce the dependence of Kingdom oil revenues. Neom belongs to the State Investment Fund, which is a $ 940 billion wealth fund.

When Mudaifer announced the appointment, Neom said the project would provide the “new leadership” operating sustainability, agility and compliance and efficiency of the project.

Earlier, Mudaifer, who led the local real estate distribution of PIF, is expected to be appointed Director General for one of the peoples.

The PIF controls all major development projects in the Kingdom and the prince Mohammad’s images are pressured in the mounting pressure to give the results on the ground after 2030.

Neom did not respond to a request for comment.