Neom is hosting hundreds of prospective investors for on-the-ground tours, Bloomberg reports.
Saudi Arabia's government has reportedly been worried about rising costs for the futuristic city.
AdvertisementFor the first time, Saudi Arabia is inviting hundreds of private bankers this week to visit Neom, its futuristic — and cash-strapped — city in the desert, Bloomberg reported.
Neom CEO Nadhmi Al-Nasr will now show visitors the construction work on "The Line," the planned city between two mirrored skyscrapers.
The tours will mark the first time a large group of financiers will be able to see anything of the futuristic city with their own eyes, as opposed to virtual renderings.
Persons:
Neom, —, Nadhmi Al, Nasr, that's
Organizations:
Bloomberg, Service, AFP
Locations:
China, Saudi, Saudi Arabia, Neom, —, Korea, Japan, Singapore, US, France, Germany