NEOM

About

Neom is an arcology and planned city being built in Tabuk Province in Saudi Arabia. Launched in 2017 by crown prince Mohammad bin Salman, the site is at the northern tip of the Red Sea, due east of Egypt across the Gulf of Aqaba and south of Jordan. The total planned area of Neom is 26,500 km². Multiple regions are planned, including a floating industrial complex, global trade hub, tourist resorts, and a linear city powered by renewable energy sources. Saudi Arabia claimed that NEOM would create around 460,000 jobs and add an estimated $48 billion to the country's GDP. Thousands of people have been forcibly moved to make way for the project and villages have been razed. Much of the city is hoped to be completed by 2030, with the upcoming Saudi VISION 2030 around the corner. Some experts have expressed skepticism about the ambitions of the megaproject. The project's estimated costs exceed $8.8 trillion. Read more

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