News WORLD SPECIAL VideoSaudi Crown Prince Unveils Plans for $500 Billion Mega City

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Saudi Crown Prince Unveils Plans for $500 Billion Mega City

UPDATED: Oct 25, 2017 23:33 IST

Saudi Crown Prince Mohammed bin Salman announced plans to build a new mega city on the Red Sea coast while speaking at a global business conference in Riyadh on Tuesday. The project, called 'NEOM', will be backed by more than $500 billion in investment from the Saudi government as well as local and international investors.

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