Saudia.wiki The encyclopedia of Saudi Arabia
Economy

NEOM

NEOM is a planned economic zone in north-western Saudi Arabia, a flagship Vision 2030 project that includes the linear city of The Line.

By Editorial Desk Edited by Site Administrator Updated

Overview

NEOM is a planned cross-border city and economic zone in north-western Saudi Arabia, announced in 2017 as a flagship project of Vision 2030. It is intended to become a hub for technology, tourism and industry.

The project

NEOM covers a large area of Tabuk Province on the Red Sea and the Gulf of Aqaba. It includes several sub-projects, most famously The Line, a planned linear city, as well as a floating industrial complex and a mountain tourism destination.

Ambitions

The project aims to attract international investment and to develop new sectors such as renewable energy, biotechnology, advanced manufacturing and tourism. It is one of the largest and most ambitious development projects in the world.

References

  1. NEOM \u2014 NEOM (accessed 5 October 2026)
  2. Saudi Arabia's NEOM project \u2014 Government of Saudi Arabia (accessed 5 October 2026)

Related

Economy of Saudi Arabia

Saudi Arabia has one of the largest economies in the Middle East, built on oil and now being diversified under…

Saudi Aramco

Saudi Aramco is the national oil company of Saudi Arabia, one of the largest companies in the world and the cu…

Saudi Vision 2030

Vision 2030 is Saudi Arabia's plan to diversify its economy away from oil and to transform society, government…

The Red Sea Project

The Red Sea Project is a luxury tourism development on the Saudi Red Sea coast, one of the flagship destinatio…