
Construction contracts worth $24bn have now been awarded for Saudi Arabia’s Neom project and sub-projects, according to property consultancy Knight Frank.
They include $470m for Magna, $3.31bn for Trojena – set to have the world’s largest man-made lake – $8.9bn for The Line, and $9.3bn for Oxagon.
On the country’s western seabord, 17 giga projects are underway including Neom, The Red Sea, and Qiddiya Coast. Knight Frank said that here, $57bn…