Saudi's real estate boom: Challenges vs ambitions
Edited By WION Video Desk
Published: Oct 06, 2023, 03:50 IST | Updated: Oct 06, 2023, 03:50 IST
Saudi Arabia is embarking on an unprecedented construction boom said to spend over $175 billion annually on Industrial and mega projects between 2025 and 2028. These projects with a staggering total value of 1.3 trillion dollars include ambitious initiatives like the high-tech Neom City and Red Sea Resorts Central to the Kingdom's strategic shift away from oil dependency.
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