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RE: LeoThread 2024-12-29 11:29

in LeoFinance13 days ago

Part 6/8:

While excitement around Neom has drawn much attention—with highlights such as robot dinosaur parks and fascinating technology like holographic teachers—the reality of its construction remains murky. The initial projected cost of $320 billion has reportedly ballooned to an estimated $500 billion before significant assets have even broken ground. To date, construction has only significantly begun on two of the ten proposed clusters within Neom.

Furthermore, the original expectations for population density have drastically changed—from a forecast of 1.5 million residents by 2030 to a revised target of just 300,000. This downsizing adds to skepticism about the feasibility of Neom becoming the bustling metropolis it is envisioned to be.

A Clash of Ideals