Saudi Arabia, on the Arabian Peninsula, is renowned for its vast oil reserves, shaping its global economic influence.
Riyad, the bustling capital of Saudi Arabia, is a dynamic centre of both business and politics. It serves as a testament to the country's modernization efforts, showcasing cutting-edge architecture and a rapidly developing urban landscape.
Neom, a $700 billion futuristic city project in the Saudi desert along the Red Sea, covers over 29,000 square kilometres.
This part of the territory is devoted to new products designed by Saudi Arabia. Mainly based in the country, development plans will expand to Egypt and Jordan, and will also include a bridge over the Red Sea to Egypt, linking the city to the African continent.
As part of Saudi Vision 2030, it aims to diversify the country's economy beyond fossil fuels. The centrepiece, "The Line," envisions a 170-kilometre linear city, accommodating 9 million people, designed for a car-free lifestyle by 2030. Neom also includes Neom Bay, Oxagon industrial hub (the world's largest artificial island), Sindalah luxury resort, and Trojena, the region's first ski resort. While sceptics question the feasibility, the project aims to redefine urban living and enhance people's quality of life by prioritizing leisure over mundane tasks.
The primary source of financing for the investment was the Public Investment Fund.
Regarding NEOM, we can separate several projects and discuss them
Let's focus now on:
The Line, the ambitious city project, is set to extend its urban expanse across 170 kilometers in the heart of the desert, providing a home to a staggering 9 million residents. Amidst this sprawling development, three distinctive projects promise to shape NEOM's character.
Promotional materials claim that The Line will create 380,000 jobs by 2030.
Oxagon stands out as a revolutionary initiative, establishing a floating structure to become an industrial leader within the NEOM project. This ambitious venture promises to redefine the region's economic landscape and significantly contribute to technological progress. The innovative nature of the project reflects a commitment to cutting-edge solutions and promises not only to transform the local economy but also to introduce advances that transcend geographical boundaries. In the context of NEOM, which strives for future development, "Oxagon" is a symbol of bold aspirations and a catalyst for industrial and technological progress.
In a contrasting vein, "Trojena" emerges as a refuge for those seeking solace amidst mountainous landscapes and cooler climates. Meticulously designed for relaxation, Trojena is crafted to offer a tranquil escape, beckoning individuals captivated by the serene beauty of nature's grandeur. Nestled within its mountainous embrace, this haven provides an idyllic setting for those in search of a peaceful retreat, where cooler temperatures and breathtaking vistas combine to create an environment tailored to rejuvenation and contemplation. The allure of Trojena lies not only in its physical surroundings but also in the promise of a serene haven, providing respite for those yearning for a harmonious connection with the natural world.
Adding a touch of luxury and comfort, the "Leyra" project is designed to cater to tourists with three opulent hotels-The Oasis Hotel, The Adventure Hotel, and The Wellness Hotel. With a combined total of 120 rooms, these establishments not only promise a lavish stay but also showcase Leyra's natural wonders. Each hotel will carve a unique identity, emphasizing the diverse experiences available in this picturesque destination.
These buildings, which are an invention of Saudi Arabia, are supposed to be eco-friendly and one of the most refined, with the highest standards.
The city is to be powered exclusively by renewable energy.
In essence, NEOM's multifaceted projects reflect a visionary approach, blending innovation, relaxation, and tourism to create a city that stands at the forefront of modern urban development. NEOM ensures that it caters to a broad spectrum of preferences, making it a truly dynamic and inclusive metropolis.
Saudi officials tout Neom as "the epitome of ambition," a visionary city project spanning 16 boroughs along the Red Sea coast in the northwestern Saudi province of Tabuk.
But Saudi Arabia is not acting alone
Neom has strategically assembled a consortium of nine contractors to spearhead the foundational work for The Line buildings.
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