The top management of NEOM met well-known business people, investors, and entrepreneurs to discuss the latest advancements in the company’s projects and to emphasize the tremendous investment potential they hold both now and in the future.

ON 26th February 2003, the Discover NEOM KSA tour made its way to the Eastern province of the Kingdom of Saudi Arabia after a successful debut in Jeddah. The region was the second stop on a national tour that saw NEOM’s top executives meet with business owners, executives, and investors to discuss the company’s projects and to highlight their enormous investment potential now and in the future.

Due to the Eastern Province’s economic importance, investment potential, and distinctive tourist attractions—in addition to the fact that it is a significant industrial, manufacturing, and logistics hub—NEOM is working to forge close ties with key stakeholders in this region. With its seaports and advantageous location, the area also plays a significant role in the development of the world’s oil and petrochemical industries and serves as a platform for large business ventures. As a result, the Kingdom’s primary sectors have experienced rapid growth.

“Since its announcement, NEOM has been attracting leading companies from around the world to invest in its various sectors, such as energy, water, tourism, manufacturing, sports and media, and to take part in its construction and infrastructure development. Today, more investment opportunities at NEOM are on the horizon, and we are welcoming local investors and national companies to join us in building the largest and most ambitious urban development project in the world.” – NEOM CEO Nadhmi Al-Nasr

During the visit, NEOM CEO Nadhmi Al-Nasr said: “Since its announcement, NEOM has been attracting leading companies from around the world to invest in its various sectors, such as energy, water, tourism, manufacturing, sports and media, and to take part in its construction and infrastructure development. Today, more investment opportunities at NEOM are on the horizon and we are welcoming local investors and national companies to join us in building the largest and most ambitious urban development project in the world.”

“In our meetings with local companies and investors, we are introducing NEOM’s vision and strategic objectives. We are outlining a new model for exceptional livability and thriving businesses that redefines sustainability and develops key economic sectors in line with Saudi Vision 2030, in addition to showcasing the rapid progress that NEOM is undergoing.”

Commenting on the tour, NEOM Deputy CEO Rayan Fayez said: “Our tour in Jeddah was an immense success and saw significant engagement during our meetings, which were attended by numerous entrepreneurs, investors and top executives from national companies who learned about the array of investment opportunities that NEOM presents. NEOM is committed to collaborating with national companies and driving local investment to help build a global project that will serve as an economic engine contributing to the growth of the Kingdom’s sectors, while promoting a high quality of life and exceptional livability.”

The main objective of the Discover NEOM KSA tour, which will come to an end in the Saudi capital of Riyadh, is to draw attention to the genuine advancements made by NEOM and their significance within the Saudi Vision 2030. By attracting the brightest minds from Saudi Arabia and around the world, acting as an economic engine that raises the Kingdom’s non-oil GDP, and creating thousands of job opportunities in an environment that offers exceptional livability, upholds the highest sustainability standards, and safeguards natural resources, NEOM seeks to advance humankind.

What is NEOM?
Neom will consist of 10 projects that are referred to as regions. Details of four of the regions have been announced:

The Line is planned to be a 170-kilometre linear city that will house nine million people. It will run from east to west across the Neom region. According to the developer, the city will consist of two parallel, 500-metre-high, linear skyscrapers standing 200 metres apart. The buildings will be clad with mirrored facades.
Oxagon is planned as an octagon-shaped port city that will be built on the Red Sea at the far south of the Neom region. According to Neom’s developer, the port and logistics hub will be the “world’s largest floating structure”.
Trojena is planned as ski resort in the Sarwat Mountains near the north of the Neom region. The 60-square-kilometre skiing and outdoor-activity resort will offer year-round skiing and is set to host the 2029 Asian Winter Games.
Sindalah is planned as an island resort within the Red Sea. Aimed at the yachting community, the 840,000-square-metre island will have an 86-berth marina and numerous hotels.

For more information on NEOM visit here