A top executive has spoken about a funding recalibration and shifting timelines for the world's largest construction project, describing the current phase as a good point "to re-assess what worked and what hasn’t.”

"Neom was never part of a specific completion of all of [it] by 2030," the company's deputy CEO Rayan Fayez said in Riyadh on Wednesday.

Neom is a $500‑billion‑plus ultra‑modern development, anchoring projects like The Line , a centerpiece linear city, the Trojena desert ski resort, the Oxagon port and floating industrial complex and a massive green‑hydrogen complex .

Why It Matters

The comments come amid increasing reports of budget overruns, delays and unrealistic goals , raising speculation about the feasibility of the gigantic project, part of Saudi Arabia ’s

See Full Page