Neom is reportedly turning into a financial disaster, except for McKinsey & Co.

Spread the love

A new Report to WSJ It suggests that Saudi Arabia is now an eight-year-old pneum project-a future, carbon-neutral, 105 miles long Linar City Crown Prince Mohammed bin Salman-it has become a financial synchol.

Delays and expenditures are overwhelmed, the country has already shielded $ 1 billion, according to an internal monitoring presented to the Pneums Board last summer, it is reported that $ 1.5 trillion dollars are expected to face another 5 years of construction with a wonderful estimate. It is 25 times higher in Saudi Arabia’s annual budget, notes the journal.

The situation has begun to be similar to Saudi Arabia’s own WaterlooMBS misunderstood the underlying monuments of his strategy, as well as Napoleon did before him. This project is one of the strict reality that threatens to disappear is inadequate labor, insufficient road and lack of electricity.

However, there are some winners. According to the story, some financial assumptions of the project and validity are reported that the consultant Giant McKinsi & Company consultant is earning more than $ 1 million a year for his services, despite some controversy surrounding some controversy. WSJ, a spokesman for McKins, said that this company “has a strict protocol to prevent our engagement in our busyness.”

Leave a Reply

Your email address will not be published. Required fields are marked *