The NEOM project is one of the most ambitious projects in the world, as it seeks to revolutionize the concept of future cities. If successful, it could become a global model for smart and sustainable cities. Since the launch of this project, we find many people wanting to know more about New city in Saudi Arabia NEOM and Saudi vision 2030. This is what we will explain to you in our article today.
What is NEOM?
NEOM is a futuristic mega city under construction in Tabuk region, northwest Saudi Arabia. It is being built in Saudi Arabia as part of Vision 2030. Neom city KSA aims to be a global hub for innovation, technology and sustainability, where the latest technologies are employed to create a smart and sustainable environment.
NEOM new city in Saudi Arabia is also one of the largest development projects in the world. It aims to revolutionize urban living by embracing advanced technology and sustainability. It is designed to boost the economy and diversify it away from oil.
What is the meaning of NEOM?
The name Neom is a combination of the Greek word Neo, meaning new, and the first letter of Crown Prince Mohammed bin Salman’s name, M, which is also the first letter of the Arabic word for future. The name reflects the city’s vision as a progressive project that aims to radically change the way people live and work in the region.
History
Saudi Crown Prince Mohammed bin Salman announced the idea for NEOM in 2017 as part of the Saudi Vision 2030 plan. The project aims to build a smart, sustainable city to diversify the economy and move away from dependence on fossil fuels by investing in new sectors such as tourism and luxury technology.
The futuristic city of NEOM is witnessing rapid developments, as construction work continues on a project extending over an area of 26,500 square kilometers, at a total cost of up to $500 billion.
NEOM’s planners aim to accommodate nine million people. The city is planned to include several specialized areas, including a floating industrial complex, a global trade center, tourist resorts, and a linear city based on renewable energy sources.
Planned regions in new city in Saudi Arabia NEOM
NEOM is divided into several distinct areas that aim to achieve different goals, and we will now show you some of these areas.
The Line
The Saudi government has announced The Line, a 170km urban project linking the northwestern mountains of Saudi Arabia to the Red Sea. It is a model for a completely different kind of life. The project aims to be carbon-neutral. It features a design consisting of two parallel structures clad in reflective facades, with spaces for buildings, public parks, schools, homes and workplaces.
Epicon
Epicon is a new coastal tourist destination in NEOM. The project includes distinctive towers. It also contains luxury hotels and residences that aim to provide a tranquil experience away from the pressures of daily life.
Oxagon
An octagonal-shaped state-of-the-art industrial zone, the world’s largest floating structure, focusing on advanced technologies and smart manufacturing. Oxagon is being developed along the Red Sea coast as a floating port, aiming to connect the Kingdom to ships heading to the Suez Canal.
Leyja
The site was originally an ancient valley bordered by mountains. The project includes a distinctive hotel, a mirror hotel, and a vertical rock hotel. The project seeks to preserve 95% of its land area intact, while adopting environmentally friendly construction techniques that are in harmony with nature.
Siranna
Siranna is a new tourist destination in northwest Saudi Arabia, blending innovation, sustainability and luxury. The project focuses on preserving the local environment and minimizing environmental impact.
Trojan
A mountainous tourist destination that offers activities such as skiing, making it the first of its kind in the region. It is also known as the NEOM Mountains.
Sindalah
A luxury island dedicated to high-end tourism. It is the first island resort in NEOM. The project is designed to be the first fully-fledged area of NEOM, featuring a beach club, yacht club, spa, wellness center, luxury hotels, and a large marina.
Where is the project located?
NEOM is undergoing rapid development as essential infrastructure, including airports, roads, residential and commercial projects, is being built. Several international partnerships aim to attract global investors and talent to the city.
International relations
The NEOM project has received significant global attention, with Saudi Arabia signing partnerships with major international companies in the fields of technology, energy and infrastructure.
In 2020, US company Air Products announced a $5 billion green hydrogen production project in partnership with NEOM. NEOM has also set up international offices in London and New York to strengthen its global partnerships. The project is attracting investors from around the world, strengthening Saudi Arabia’s position as a major economic destination.
How much does NEOM cost and who is paying for it?
Saudi Arabia has allocated $500 billion to finance the project. The Saudi Public Investment Fund is primarily financing it, in addition to international partnerships and private investments.
What does life in NEOM currently look like?
Currently, you can not visit NEOM as it is still under construction, but you an visit some nearby areas, such as AlUla. NEOM will be a sophisticated urban environment with a unique lifestyle, focused on technology and sustainability.
Why is NEOM controversial?
The NEOM project faces some challenges, including:
- Controversy over the evacuation of some areas, in addition to its environmental impact.
- The rising costs of NEOM have alarmed the Saudi government, prompting a re-evaluation of some goals.
- The Public Investment Fund has yet to approve a 2024 budget for the project, potentially reflecting growing financial pressures.
- Some of the technologies that NEOM plans to use, such as home robots and a giant artificial satellite, are still in their early stages or not yet available.
Despite all these challenges, the Saudi government affirms its commitment to making the project sustainable and beneficial to society.
What is Saudi Vision 2030?
Saudi Vision 2030 is a strategic plan launched by the Kingdom to diversify the economy and reduce dependence on oil. The NEOM project is one of its most prominent components. In the coming years, Neom will transform into a city that relies on innovation and technology.
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People also ask
Where is the new city NEOM in Saudi Arabia?
NEOM is located in northwestern Saudi Arabia on the Red Sea coast, near the borders with Jordan and Egypt.
What is NEOM city famous for?
NEOM is known as a smart and sustainable city based on innovation and technology. It also includes mega projects.
How much did NEOM city cost?
The NEOM project is estimated to cost around $500 billion.
What does NEOM stand for?
The name NEOM refers to the new generation of cities, combining NEO, which means new, and M, which means future in Arabic.
New city in Saudi Arabia NEOM It is an ambitious project that seeks to redefine the future through technology and innovation. Thanks to its strategic location, sustainable vision, and rapid developments. NEOM will become a leading global center that changes the concept of smart cities. In addition to providing a unique experience for residents and visitors alike.
