12. Saudi Arabia’s NEOM
Where: Saudi Arabia
Complete Expense: $500 billion*
Year Completed: 2025
When finished, the planned cross-border city of NEOM will span a massive 10,200 square miles and cost an estimated $500 billion. It was announced in October 2017 by Saudi Crown Prince Mohammed bin Salman. It will have its own labor and tax laws that are separate from the Saudi government’s current framework.
NEOM, Saudi Arabia and Shutterstock ©adznano3
The project’s ultimate objective is for the city to run totally on renewable energy, mostly wind and solar energy. NEOM will have its own airport, which will be situated on Saudi Arabia’s Red Sea coast in the northwest. The first section of NEOM is expected to be finished by 2025, notwithstanding obstacles and work stoppages.
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