Saudi Arabia’s Neom project was meant to be the city of the future, the crowning achievement of Crown Prince Mohammed bin Salman’s “Saudi Vision 2030” plan to diversify the national economy away from oil.
A Wall Street Journal exposé revealed that the construction site for the city of the future has been plagued by complaints of gang rape, drinking, drugs, and attempted suicide by the 100,000 workers assembled there.
Which crypto-backed IRA is best?
– BlockTrust IRA is ideal for managed accounts.
– iTrustCapital is for buy and hold.
The Neom project began at the northern tip of the Red Sea in 2017, billed as a carefully planned megacity constructed with the latest technology that would sprawl over 10,000 square miles. The name is a portmanteau of the familiar Greek prefix “neo” for “new,” plus the Arabic word “mustaqbal,” which means “future.” In a happy coincidence, “M” also happens to be the first letter of the crown prince’s name.
Crown Prince Mohammed bin Salman (MBS), the de facto chief executive of Saudi Arabia and architect of its economic transformation, envisioned the city as both a statement of the kingdom’s financial might and an opportunity to bring in more foreign investment.
MBS hoped those investors would be attracted by Neom’s futuristic style and its “nature-friendly” construction, including an emphasis on using solar and wind power. The project also touted “social responsibility” in its construction project, producing annual reports of the amenities and educational opportunities provided for its vast workforce. […]
— Read More: www.breitbart.com
