Zotus, BITC double down on $50bn project dream

Since the announcement of the Zotus group’s plans, criticism has erupted over the planned financial scale of the project as well as the technicalities, such as a lack of water and infrastructure in the planned area.

More serious doubts have been raised about the backgrounds, experience and fidelity of the Zotus Group promoters, as well as the extent to which the BITC has committed government, either financially, physically in terms of land access or in terms of lending the country’s hard-fought global brand equity to untested project partners.