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Can someone explain: Saudi Arabia’s NEOM cancels key Trojena dam project?
BusinessI saw this in the news and wanted to understand more about it.
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NEOM, backed by the kingdom’s Public Investment Fund (PIF), has exercised a “termination for convenience” clause on the contract to construct three dams to feed a freshwater lake and an architectural structure called 'The Bow'
The post Saudi Arabia’s NEOM cancels key Trojena dam project appeared first on Gulf Business.
Read more: https://backend.gulfbusiness.com/blog/2026/03/27/saudi-arabias-neom-cancels-key-trojena-dam-project/
Source: Gulfbusiness.com (Mar 27, 2026)
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