Context
Located in northwest Saudi Arabia’s Tabuk province, NEOM is being developed as part of a broader initiative to function as a bypass node for global connectivity, estimated at over USD 500b across a planned area of NEOM is about 26,500 km2 (10,200 sq mi). Launched by Crown Prince Mohammed bin Salman under the framework of Saudi Vision 2030, it reflects the Kingdom’s long-term economic diversification strategy. It comprises a series of interconnected projects, such as Magna, Sindalah, Trojena, The Line, and Oxagon, that serve…
