Italian construction giant Webuild will exit a major contract on Saudi Arabia’s ambitious NEOM development after the client opted to terminate works on part of the Trojena mountain resort, highlighting ongoing adjustments within one of the world’s most closely watched infrastructure programmes.
Saudi Arabia has postponed its plans to stage the 2029 Asian Winter Games, in co-ordination with the Olympic Council of Asia, after months of uncertainty, following reports that its venue, Trojena, the 1,400-sq-km mountain resort, would not be ready in time, said a report.