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NEOM PROJECT which will change the world for ever

NEOM THE GATEWAY TO FUTURE OF WORLD

First ever city where the common workers will be robots not the human.

The city was announced by Crown Prince Mohammad bin Salman at the upcoming Investment Initiative Conference in Riyadh, Saudi Arabia, on October 24, 2017. [2] He said that will work regardless of the “existing government framework” with its own tax laws and work and an autonomous judiciary. [3]

The initiative came from Saudi Vision 2030, a plan aimed at reducing Saudi Arabia’s dependence on oil, diversifying its economy and developing public service sectors. Ghanem said Nuseibeh reversed that Saudi Arabia’s intention was “moving the high-tech oil and placing the Saudi kingdom at the forefront of technological advances. This is the post-oil era. These countries are trying to expand beyond oil exports and those that will not be left behind. “[4] Klaus Kleinfeld of Germany, former President and Chief Executive Officer of Alcoa Inc. and former Chairman and CEO Chief Executive Officer of Siemens AG, will lead the development of the city.The plans require that robots perform functions such as security, logistics, home delivery and care [5] and that the city is powered solely by Wind and solar energy [3] Because the city will be designed and built from scratch, other innovations in infrastructure and mobility have been suggested, planning and construction will start with $ 500 billion from Saudi Public Investment Fund and International Investors [6] The first phase of the project is scheduled for 2025
The name NEOM was built from two words. The first three letters form the Greek neo-meaning prefix “new”. The fourth letter is an abbreviation for “Mostaqbal”
The NEOM project [9] is located in Tabuk, Saudi Arabia in the north-west of the Kingdom and includes land in the Egyptian and Jordanian, the extensive borders with the Gulf of Aqaba and 468 km of coastline with beaches and reefs coral and mountains Up to 2500 m altitude, it will offer many development opportunities with a total area of ​​approximately 26 500 km2.

Saudi Crown Prince Mohammed bin Salman announced Tuesday the launch of NEOM, a project that aspires to be the “safest, most efficient, most future-oriented and safe place to live and work. best of the kingdom.

The NEOM landmass will extend across the Egyptian and Jordanian borders, making NEOM the first private area to cover three countries. The project will receive support from Saudi Arabia in more than $ 500 billion in the coming years.

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Wind and solar power will allow NEOM to be powered solely by regenerative energy, while 70% of the world’s population will be able to reach it in eight hours.
The palaces for the King, the Crown Prince and other royals, who will be located on the Red Sea coast about 150 kilometers west of the town of Tabuk, are among the first contracts awarded to Neom, according to sources. who refused to be named as an official announcement has not yet been made.
The Saudi Arabian government has started awarding contracts for the development of a large commercial area in the north-west of the country, asking local construction companies to build five palaces there, sources told Reuters close to the file.

Crown Prince Mohammed bin Salman announced plans for the 26,500 square kilometer (10,230 square miles) area known as Neom at an international investment conference in Riyadh last October. The authorities said public and private investment in the region is expected to reach $ 500 billion.

The palaces for the King, the Crown Prince and other royals, who will be located on the Red Sea coast about 150 kilometers west of the town of Tabuk, are among the first contracts awarded to Neom, according to sources. who refused to be named as an official announcement has not yet been made.

The government’s International Communication Center and Neom’s management team did not respond immediately to requests for comment.

Saudi Binladin Group, the largest construction company in the country, has been tasked with building one of the palace signals that retains the support of the government, despite the recent arrest of some of its owners in a wave of repression of the corruption, the sources said.