#neom project

NEW DELHI: Saudi authorities have been authorized to employ lethal measures to facilitate the construction of a new, futuristic city, according to revelations from a former intelligence officer. The project, known as The Line, is a significant part of the $500 billion Neom eco-region initiative under Saudi Arabia‘s Vision 2030, which seeks to reduce the kingdom’s dependence on oil.Col Rabih…

The Shusha Island Project is a joint venture between NEOM and King Abdullah University of Science and Technology (KAUST) to create the world’s largest coral garden in the Red Sea. The project will cover 100 hectares on Shusha Island, which is located off the coast of the Tabuk province in northwestern Saudi Arabia. The Shusha Island Coral Park will become a global center to showcase innovations…

A Korean consortium seeks to build a hydrogen plant in “NEOM” at a cost of $6.5 billion

A consortium of South Korean companies seeks to build and operate a green hydrogen and ammonia production plant in the smart city “NEOM” that Saudi Arabia is building. According to what was reported by the South Korean Yonhap News Agency, the cost of the project amounts to 6.5 billion dollars, and it is expected that the construction of the plant will begin in 2025 until 2029, and the plant will…

Nazmi Al Nasr announces the strategy of building NEOM first phase

Nazmi Al Nasr, Chief Executive Officer of NEOM Project, said that over the next five months, a comprehensive strategy for the NEOM project will be announced, as well as a strategy for each sector, pointing out that the first phase of the project will start within two months.

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NEOM Bay: The first populated area in NEOM

At its last meeting, chaired by Prince Mohammed bin Salman, Deputy Prime minister and chairman of the Public Investment Fund, the Constituent Assembly approved the strategic concept of the capital master plan for the region of “NEOM Bay “, the first populated area to be developed in NEOM.

The board, according to the Saudi news agency, completed studies to launch the construction and…

Top 4 Saudi Arabia Projects in 2019 (NEOM is the largest)

Saudi Arabia announced the last year 2018, a large number of projects, the most important of which is NEOM; the new technology-intensive city of $ 500 billion, in addition to Al Qiddiya, The Red Sea coast project and Amala.

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Italian Salini Impregilo company join NEOM contractors

Italian construction company Salini has announced plans to join NEOM project and expand into the Middle East, which includes project contracts in the Gulf, especially Oman, Saudi Arabia and the United Arab Emirates. (more…)