Saudi Arabia’s plan to carve a 2.8-kilometer (1.74-mile) freshwater lake into the mountains of Trojena has hit a major reset.
On March 25, 2026, Webuild said NEOM exercised a “termination for convenience” clause on the package to build three dams and “The Bow,” with the termination effective March 29 and the work about 30% complete. Webuild put the remaining backlog at about €2.8 billion.
The same package had been announced in January 2024 as a $4.7-billion effort to build one of the central features of Trojena,…
