{"id":99842,"date":"2025-08-20T00:00:00","date_gmt":"2025-08-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/08\/20\/neoms-trojena-ski-resort-completion-faces-time-pressure\/"},"modified":"2025-08-20T00:00:00","modified_gmt":"2025-08-20T00:00:00","slug":"neoms-trojena-ski-resort-completion-faces-time-pressure","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/08\/20\/neoms-trojena-ski-resort-completion-faces-time-pressure\/","title":{"rendered":"NEOM\u2019s Trojena ski resort completion faces time pressure"},"content":{"rendered":"

Saudi Arabia<\/strong> is racing to finish <\/strong>Trojena<\/a><\/strong> ahead of the 2029 Asian Winter <\/strong>Games<\/strong> amid tough engineering challenges, tight deadlines, and growing financial pressures on its gigaprojects projects, Bloomberg<\/a> reports, citing people it says are familiar with the matter. The project \u2014 which Meed estimates to be worth USD 19 bn \u2014 may face delays, with the mountain resort originally scheduled for completion in 2026.<\/p>\n

Progress is being made:<\/strong> Satellite images show construction is underway on the project, including work on tunnels and ski slope testing, yet the project faces steep hurdles such as producing artificial snow, pumping water up the mountain to feed a planned 2.8 km artificial lake \u2014 costing around USD 5 bn \u2014 and building facilities at high altitude. \u201cThe development of Neom, including Trojena, is progressing according to a phased plan that emphasizes international standards, long-term sustainability and legacy outcomes,\u201d Neom told the business information service in a statement. <\/p>\n

Critically, there are no budget cuts being made:<\/strong> \u201cAt least one person familiar with the situation echoed [Neom\u2019s] view and added that the development hadn\u2019t seen significant budget cuts,\u201d Bloomberg said. Neom\u2019s overall costs have grown to USD 1.5 tn, while the Public Investment Fund (PIF) said in its annual report<\/a> that its investments in giga projects dipped 6% in 2024. That writedown is evidence that the PIF has \u201cstrategic maturity\u201d as it responds to market conditions, while investments in time-sensitive projects tied to international events will continue to be prioritized, The Closer host Bradly Hope told CNBC (watch, runtime: 5:06<\/a>). Neom has awarded USD 20 mn in contracts YTD, down from a peak of USD 12.6 bn in 2023.<\/p>\n

Background:<\/strong> Sindalah, the luxury island that launched with much fanfare in October<\/a>, remains closed to the public after design flaws and delays. Satellite images show most facilities completed, but the golf course is deteriorating and some buildings are no longer present. Elsewhere, the Magna region has seen only early-stage infrastructure work this year, while The Line has been scaled back to just 2.4 km of its planned 170-km length, scheduled for completion by the early 2030s.<\/p>\n","protected":false},"excerpt":{"rendered":"

The ski resort is meant to host the Asian Winter Games in 2029<\/p>\n","protected":false},"author":1,"featured_media":99843,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2800],"tags":[10,509,100,98],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-99842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gigaprojects","tag-enterpriseam-ksa","tag-gigaprojects","tag-neom","tag-trojena","wpautop","entry"],"acf":{"mongo_id":"393bc492-3e3b-4239-ad42-67cb1ba1d020","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/8\/1244.jpg","photo_position":"above","homepage_title":"","full_issue_title":"NEOM\u2019s Trojena ski resort completion faces time pressure","related_issue":[99827],"teaser":"The ski resort is meant to host the Asian Winter Games in 2029","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/8\/.0d2394fe-ec7e-4eb7-847b-74b0e261a7ac.mp3"},"yoast_head":"\nNEOM\u2019s Trojena ski resort completion faces time pressure - 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