NEOM is an accelerator of human progress and a vision of what a New Future might look like. It is a region in northwest Saudi Arabia on the Red Sea being built from the ground up as a living laboratory – a place where entrepreneurship will chart the course for this New Future. It will be a destination and a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation.
NEOM will include hyperconnected, cognitive cities, ports and enterprise zones, research centers, sports and entertainment venues and tourist destinations. As a hub for innovation, entrepreneurs, business leaders and companies will come to research, incubate and commercialize new technologies and enterprises in groundbreaking ways. Residents of NEOM will embody an international ethos and embrace a culture of exploration, risk-taking and diversity.
These distinct regions and sectors will be fueled by USD 500 billion from the Public Investment Fund of theKingdom of Saudi Arabia and local and international investors. NEOM will become a community powered bytalent and diversity across 14 sectors.
Projects by NEOM include Sindalah, THE LINE, Oxagon, Trojena, and Leyja.
Nadhmi Al-Nasr is leading efforts to shape a new future based on innovation, enterprise and sustainability at NEOM. Under his stewardship, NEOM is set to become an economic engine for Saudi Arabia and a byword for progression in harmony with nature.