NEOM Dismembered: $6.85 Billion in Contracts Terminated in a Single Month

Sat, 04 Apr 2026 00:00:00 +0000

NEOM contract cancellations in March 2026 terminated three major packages with a combined value of approximately $6.85 billion. Webuild, Italy’s largest engineering group, announced that NEOM had terminated its $4.7 billion contract for three dams and a 2.8-kilometre freshwater lake at Trojena. The project had reached 30 per cent completion. Hyundai Engineering and Construction of South Korea confirmed that NEOM had terminated its tunnel construction package, awarded in June 2022 for a 12.5-kilometre section. Malaysia’s Eversendai Corporation reported the cancellation of its structural steel and fireproofing works for Trojena’s Ski Village resort.

NEOM: Technical Feasibility and Financial Viability

Sun, 22 Feb 2026 00:00:00 +0000

NEOM Feasibility: Saudi Arabia Vision 2030 Analysis

This NEOM feasibility analysis asks what Saudi Arabia’s flagship Vision 2030 project can technically and financially deliver. Announced in 2017 with a $500 billion budget and a mandate to create a new model for human civilisation, NEOM has become both a symbol of Saudi ambition and a test case for Vision 2030’s feasibility. The project’s centrepiece, The Line, is a 170-kilometre mirrored linear city designed to house 9 million residents with zero cars, zero streets, and zero carbon emissions, pushing the boundaries of plausible urban development.

Megaproject on SAUDI VISION 2030 Intelligence Platform

NEOM Dismembered: $6.85 Billion in Contracts Terminated in a Single Month

NEOM: Technical Feasibility and Financial Viability

NEOM Feasibility: Saudi Arabia Vision 2030 Analysis