Three projects that prove the power of Saudi Arabia’s NEOM giga-project
- Date: 29-Oct-2021
- Source: Arab News
- Sector:Real Estate
- Country:Saudi Arabia
Three projects that prove the power of Saudi Arabia’s NEOM giga-project
RIYADH: NEOM began as an idea conceived by Crown Prince Mohammed bin Salman during the first Future Investment Initiative Forum in 2017. The ambitious project is now a reality that serves as a vision for the future of a world that harnesses the power of smart technology, harmoniously linked with nature, to perfectly cater to the needs of humanity. The developers of NEOM, a smart city located in Tabuk Province along the coast of the Red Sea, has announced that the first phase will be ready to welcome tourists and other visitors by 2024. But what is actually happening on the ground to help achieve that goal? Arab News talked to three executives from NEOM to discuss the current status of investment, development and progress in the city of the future. â100 percent renewable energy, innovation, a friendly regulatory ecosystem,â Joseph Bradley, the CEO of NEOM Tech and Digital Holding Company, told Arab News as he described the project. âNEOM is accelerating human progress. Itâs not just for some humans but all humans, so we want to make sure that the connectivity creates an environment we like to call âdigital air,â meaning wherever you are you donât have to worry