Saudi Mega-project NEOM Chases Chinese Funds | Vantage with Palki Sharma
Saudi Mega-project NEOM Chases Chinese Funds | Vantage with Palki Sharma
First announced in 2017, NEOM is a futuristic Saudi megacity being built in the middle of the desert. It is a part of Crown Prince Mohammed bin Salman's bid to diversify the Gulf state's oil-dependent economy. But since its announcement, NEOM has raised eyebrows as architects, economists and investors have questioned its feasibility and costs. So, Riyadh is now courting investors from across the world. The roadshow for NEOM travelled from Beijing to Shanghai to Hong Kong, chasing Chinese funds, amid speculation about the scope of the project and its finances. But will it be enough for NEOM to take off? Palki Sharma tells you.
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Saudi Arabia | China | Neom Project | MBS | Crown Prince | "The Line" | Flagship City | Mohammed bin Salman | Firstpost | World News | News Live | Vantage | Palki Sharma | News
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Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
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