Would You Visit Saudi Arabia's $1 Trillion "Smart City" in the Desert?

March 14th, 2024· 1.5K views· 0:56
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The Hustle

Saudi Arabia is building a "smart city" in the middle of the desert for the tiny cost of $1 Trillion. But will it ever materialize? In 2017, Saudi Crown Prince Mohammed bin Salman announced Neom, a $1T desert utopia as a way to reduce the nation’s reliance on oil and diversify its economy, per Insider. More details were recently unveiled, but privacy and human rights experts are concerned. So what is Neom? Located on 10.2k square miles of desert, Neom will operate outside of Saudi Arabia’s conservative government, with its own taxes, labor laws, and judicial system. But there's major controversy. Read the full brief at thehustle.co to learn more: https://thehustle.co/neom-s-got-a-trillion-problems-but-1t-ain-t-one