[[{“value”:”The Neom giga-project in Saudi Arabia is currently using one fifth of all the steel produced in the world, an official said on Monday. The futuristic city will be the world’s largest customer for construction materials for several decades, said Manar Al Moneef, Neom’s chief investment officer. She told the Global Logistics Forum in the King Abdullah
The post Saudi claim of the day appeared first on Marginal REVOLUTION.”}]]
The Neom giga-project in Saudi Arabia is currently using one fifth of all the steel produced in the world, an official said on Monday.
The futuristic city will be the world’s largest customer for construction materials for several decades, said Manar Al Moneef, Neom’s chief investment officer.
She told the Global Logistics Forum in the King Abdullah Financial District in Riyadh that the $500 billion project would be one of the world’s leading drivers of the global logistics sector in coming years.
“Neom is going to be the largest customer over the next decade. If you look at our demand in logistics it’s 5 percent of the global logistics market,” she told the forum, in rare public comments.
Here is the full story, via Mike Doherty.
The post Saudi claim of the day appeared first on Marginal REVOLUTION.
Current Affairs, Uncategorized
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