Neom canceled a desalination project worth $1.5 billion, according to a report.
Enowa, a Neom subsidiary, told Meed it's water requirements had evolved.
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AdvertisementA project to build a $1.5 billion water desalination plant in the Saudi Arabian desert city of Neom appears to have been scrapped.
A consortium made up of Neom subsidiary Enowa, Japan's Itochu, and France's Veolia had agreed to develop the plant in December 2022.
Persons:
Neom, Meed, —, Japan's Itochu
Organizations:
Service, Veolia, Business
Locations:
Saudi Arabia, Saudi, Neom