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World Cup stadium seen among Saudi mega-projects under review
['Staff Writer']
Zawya.com - All Regional News
Saudi Arabia is starting to make tough cost-cutting decisions, ordering changes across mega-projects in Neom, Jeddah and Riyadh.
The latest one to join the list is a planned 2034 World Cup stadium in Jeddah, according to a Bloomberg report.
The kingdom is shifting toward more pragmatic, financially sustainable, and ROI-focused development, while also reviewing projects in Jeddah.
According to the report, key cost-cutting measures and project changes include:Neom and The Line: The flagship 170km linear city is being redesigned, significantly reducing its immediate scope.
Jeddah and other projects: Developments around Jeddah, including the Qiddiya Coast entertainment island, are being reviewed, and a planned World Cup stadium there may not proceed.