Neom: is Saudi Arabia about to repeat past mistakes? - Capital Economics
Middle East & North Africa Economics

Neom: is Saudi Arabia about to repeat past mistakes?

Middle East Economics Update
Written by Capital Economics Economist

Plans announced today by the Saudi government to construct a huge new economic city, called Neom, have grabbed the headlines but the Kingdom has poor form when it comes to implementing mega-projects. Moreover, it may divert policymakers’ attention away from implementing economic reforms.