How Saudi Arabia's spending spree reached the end of the line
Saudi Arabia's ambitious Vision 2030 initiative is facing significant challenges as financial constraints and geopolitical uncertainties impact its mega-projects. Many of the grand concepts, including The Line and the Trojena winter resort, are being scaled back or abandoned altogether. The Kingdom's reliance on oil revenue and the lack of foreign investment have led to a reassessment of its extravagant plans for the future.
- ▪Crown Prince Mohammed bin Salman initiated Vision 2030 to transform Saudi Arabia with ambitious projects.
- ▪Financial difficulties due to falling oil prices and ongoing regional conflicts have hindered progress on these projects.
- ▪Several key initiatives, including The Line and the Trojena resort, are being significantly downsized or canceled.
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| Original publisher | BBC News |
| Canonical URL | https://www.bbc.com/news/articles/cx21g0828reo?at_medium=RSS&at_campaign=rss |
| Publication time | Mon, 25 May 2026 01:08:39 GMT |
| Retrieval time | 2026-05-25T01:22:35.160Z |
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How Saudi Arabia's spending spree reached the end of the line13 minutes agoShareSaveAdd as preferred on GoogleSebastian UsherGlobal affairs correspondentBBCAutocratic monarchs once left an echo of their glory in the ruins of the megaprojects they commanded at the peak of their unchallenged power. Those monumental physical traces are to be found in the fertile plains, mountainsides and deserts of the Middle East. But one of their most prominent modern counterparts may only have a digital footprint to leave behind for some of his most ambitious concepts.A decade ago, the Crown Prince of Saudi Arabia Mohammed bin Salman – or MBS as he is widely known – decreed a revisioning of his country that leapt from the realm of science fiction. It was called Vision 2030.
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