CEO in Charge of Saudi Arabia’s 100-Mile Skyscraper Out After Allegations of Mass Employee Death

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Posted on 11/18/2024 2:55:40 PM PST by xxqqzz

The head of the world's largest and most ambitious construction project has stepped down amid jaw-dropping claims about its death toll.

As the Wall Street Journal reports, Nadhmi al-Nasr, the CEO of Saudi Arabia's futuristic city project Neom — which includes The Line, a planned pair of skycrapers that would be 100 miles in length — has abruptly departed the role he's held since 2018. This exit comes after a new Channel 3 documentary alleged that more than 21,000 foreign workers had died during its construction, a figure that doesn't even seem to include the number of indigenous people displaced and disappeared during Neom's construction.

Sources familiar with the executive shakeup confirmed to the newspaper that he had left the position in recent days, though it remains unclear why exactly the Neom CEO left and whether it had to do with the recent allegations.

In an email viewed by the WSJ, Neom's board named Aiman al-Mudaifer, a real estate executive with the Saudi kingdom's Public Investment Fund, as al-Nasr's successor. In that email, Neom's governing body said the move was a "strategic decision of the Board and a natural evolution."

While the specter of all those deaths hangs over the project, insiders who spoke to the WSJ said that the Public Investment Fund is now stepping in to take over after repeated delays and ballooning budgets on the project that seems very difficult to execute.

An experienced builder, al-Nasr oversaw the construction of both a giant oil field for the kingdom's Aramco oil company and a university complex jutting up against the Red Sea.

(Excerpt) Read more at yahoo.com ...

Building is planned to be 100 miles long and 1600 feet high. Supposed to be 20,000 foreign workers have died building it plus natives of the area have disappeared. Surprise, it is turning out to be more expensive to build than expected.

1 posted on 11/18/2024 2:55:40 PM PST by xxqqzz

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