The government is already actively promoting international investment to fund NEOM, and a number of investors have already expressed interest. There are substantial risks associated with embracing the NEOM vision. The income inequality and religious tension that plagues the country will not magically disappear just because NEOM will be built. The King and MBS deserve much credit for having the tenacity to so publicly pursue a vision as bold as NEOM. The same degree of initiative will need to be devoted to addressing the plethora of socioeconomic issues that plague the majority of Saudi Arabia’s citizen.

Source: Huffington Post November 05, 2017 15:56 UTC