NEOM is an ambitious development project in Saudi Arabia that aims to create a futuristic, sustainable, and high-tech city in the northwestern region of the country. NEOM’s vision is to become a leading global hub for innovation, technology, tourism, and various industries, with a focus on environmental preservation and quality of life for its residents.
NEOM, which stands for “New Future” (Neo – New, M – Future), is located along the Red Sea coast and the Gulf of Aqaba. It covers an area of approximately 26,500 square kilometers (about 10,230 square miles), making it larger than some countries. The project’s location is strategically important, as it is positioned at the crossroads of three continents – Asia, Africa, and Europe.
The NEOM project was first announced in 2017 by Crown Prince Mohammed bin Salman as part of Saudi Arabia’s Vision 2030 initiative, which aims to diversify the country’s economy away from its heavy reliance on oil and to promote social and economic development.
Key aspects and goals of the NEOM project include:
- Sustainability: NEOM aims to be a model for environmental sustainability. The city plans to be powered entirely by renewable energy, utilizing solar power, wind energy, and other eco-friendly technologies. Sustainable practices will be integrated into various aspects of city planning, architecture, and infrastructure.
- Technological Innovation: NEOM aims to be at the forefront of technological advancements and innovation. It plans to incorporate cutting-edge technologies such as artificial intelligence, robotics, and automation to create smart and efficient systems that enhance the quality of life for its residents.
- Economic Diversification: NEOM seeks to attract global investments and establish a diverse range of industries, including tourism, biotechnology, entertainment, and advanced manufacturing. The project envisions the creation of new job opportunities and economic growth for Saudi Arabia.
- Quality of Life: NEOM’s design emphasizes providing a high standard of living for its residents. The city will offer state-of-the-art healthcare facilities, world-class education, and recreational amenities to promote a healthy and balanced lifestyle.
- Tourism and Entertainment: NEOM aspires to become a major tourist destination, offering a unique blend of natural beauty, historical sites, and modern attractions. It aims to attract visitors from around the world to experience its distinctive cultural and recreational offerings.
The NEOM project is divided into multiple phases, with development planned over several decades. The Saudi Arabian government has committed substantial resources and investment to make this vision a reality.