Key components of NEOM - Saudi Riyadh
Introduction
NEOM is an ambitious mega-project being developed in Saudi Arabia as part of the country’s Vision 2030 plan to diversify its economy. Here are some key specifics about the NEOM project:
Overview
• Location: Northwestern Saudi Arabia, bordering Egypt and Jordan
• Total area: 26,500 km2 (10,200 sq mi)
• Estimated cost: Over $500 billion
• Goal: To create a futuristic “land of the future” with advanced cities, industries, and tourism destinations
Key Components
THE LINE
• A linear city stretching 170 km long
• Designed to eventually house 9 million residents
• No cars, streets, or carbon emissions
• Powered by 100% renewable energy
• All amenities accessible within a 5-minute walk
Oxagon
• A floating industrial complex and automated port
• Planned to be the world’s largest floating structure
Trojena
• A mountain tourism destination
• Will feature a ski resort, luxury hotels, and a man-made lake
Sindalah
• A luxury island resort in the Red Sea
• First NEOM region to be completed (in October 2024)
Gulf of Aqaba
• A 74-mile coastal area with planned luxury hotels and cultural assets
Key Features
1. Sustainability: Aims to be powered by 100% renewable energy, with 95% of land preserved for nature
2. Advanced Technology: Incorporates AI, robotics, and other cutting-edge technologies
3. Economic Diversification: Spans 14 key sectors including technology, tourism, and manufacturing
4. Transportation: Plans for an integrated, sustainable mobility system with no conventional vehicles
5. Global Connectivity: Strategically located with 40% of the world’s population reachable within a 4-hour flight
6. Talent Attraction: Aims to become a global hub for innovation and talent across various sectors
7. Conservation: Includes initiatives for regreening, afforestation, and wildlife habitat restoration
Conclusion
While NEOM has faced some challenges and skepticism regarding its ambitious goals, it remains a flagship project for Saudi Arabia’s economic transformation efforts. The project continues to evolve, with new components like the subterranean “Aquellum” community announced in January 2024.
