- Planned deal with DSV ‘not operational’
- Company holds exclusive logistics rights
- Contracts issued by PIF fall sharply
A multi-billion dollar joint venture between Saudi Arabia’s giga-project Neom and DSV, one of the world’s largest logistics groups, remains in limbo as tighter fiscal conditions force the kingdom to reassess priorities.
The $10 billion joint venture between Neom and DSV is emerging as a test case for how the kingdom’s project reprioritisation is leaving private sector partners exposed, with capital…
