Saudi Arabia Plans $500 Billion Mega City “NEOM” ~ 2017

Crown Prince Mohammed bin Salman said Saudi Arabia is in talks with some of the world’s biggest companies to develop technologies that will power life in the $500 billion city he’s planning to build on the Red Sea.

Prince Mohammed is trying to steer Saudi Arabia away from oil-dependence, something that few major economies have managed. And he keeps moving the goalposts – to make the plans more ambitious.