The "NEOM" project, which was recently announced by Crown Prince, Deputy Prime Minister and Chairman of the Board of Directors of the Public Investment Fund, Prince Muhammad bin Salman, is a special region that extends between 3 countries, and includes a new vital destination, located in the northwest of the Kingdom, seeking to become a hub that brings together the best minds and companies. Together, it transcends the limits of innovation to the highest levels of human civilization, especially since it was designed to outperform the major global cities in terms of competitiveness and lifestyle, as it is expected to become a leading center for the entire world!
About a year and a half after the Crown Prince announced the launch of Saudi Vision 2030, on April 26, 2016, and confirming that it is the boldest and most comprehensive development plan in the history of the Kingdom, the Crown Prince surprised the world once again by announcing the launch of a huge and ambitious project, this project bears the name “NEOM”. » Which was set by His Highness within the framework of the ambitious aspirations of Vision 2030, to transform the Kingdom into a leading global model in various aspects of life, and focuses on bringing in value chains in industries and technology within it; To be a huge private area, with its own legislation and its own regulations, and simulates the future of humanity at various levels.
And the Crown Prince said, during his announcement of the project: “The “NEOM” area will be built from scratch on raw land, and this gives it exceptional opportunities that distinguish it from the rest of the regions. that have arisen and developed over hundreds of years, and we will seize this opportunity to build a new way of life, with great economic potential.” Health care that focuses on the human being and surrounds him for his well-being, free networks of high-speed internet, or what is called (digital air), continuous free education on the Internet at the highest international standards, integrated digital government services, which provide all services to everyone by touch, new standards The building code for carbon-free homes, and a creative and innovative design for the “NEOM” area that stimulates walking and the use of bicycles, enhanced by renewable energy sources, and all of this will create a new way of life, taking into account human aspirations and aspirations, and applying the latest findings of the best global technologies. .
(NEOM) site
The project is located in the northwest of the Kingdom, and includes lands within the Egyptian and Jordanian borders, and provides a range of development opportunities with a total area of 26,500 square kilometers, and enjoys a set of unique advantages, including proximity to markets and international trade routes, as about 10% of the sea Global trade movement, and 70% of the world's population can access the site within a maximum of 8 hours.
The region overlooks from the north and west the Red Sea and the Gulf of Aqaba, with a length of 468 square kilometers, and will constitute the main entrance to the King Salman Bridge that will connect Asia and Africa (Saudi Arabia and Egypt), to be the first special region extending between 3 countries, and the project also enjoys amazing terrain, which includes :
– Pristine beaches that extend over an area of more than 460 square kilometers of the Red Sea coast, and a number of islands of breathtaking nature.
Scenic mountains that overlook the Gulf of Aqaba and the Red Sea and their peaks are covered with snow during the winter.
– The perfect desert with its calmness and beauty.
The aim of the project
The goal of the project is to build an investment zone, focusing on 9 sectors, targeting the future of human civilization, namely: the future of energy and water, the future of mobility, the future of vital technologies, the future of food, the future of technical and digital sciences, the future of advanced manufacturing, the future of media and media production, the future of entertainment, the future of livelihood, which represents the main pillar for the rest of the sectors.
The region also aims to be one of the most important global economic and scientific capitals, and to bring together the best that the major regions of the world abound in in terms of knowledge, technology, research, education, living, and work.
Build the area from scratch
The “NEOM” area will be built from scratch on raw land, which allows consideration to be given to its preparation as a place where a new way of life is established, that takes into account human aspirations and aspirations, and the application of the latest findings of the best global technologies, and will be subject to the highest international standards of sustainability, and all transactions will be The procedures and pleadings are electronic.
Competitive design
The design of this special region will be taken into consideration, to outpace major global cities in terms of competitiveness and lifestyle, as well as distinct economic opportunities, as it is expected to become a leading center for the entire world.
It will take into account the creation of smart solutions for mobility, from self-driving to self-driving aircraft, modern methods of agriculture and food production, health care, free networks of high-speed Internet, or what is called (digital air), free continuous education on the Internet at the highest international standards, services An integrated digital government that provides all services to everyone by touch, carbon-free homes, and a design that encourages walking and cycling.
The project aspires to make the region one of the safest in the world, by employing the latest international technologies in the field of security and safety.
Residents of the area
The region seeks to be the most suitable destination for living in the world, to be suitable for future talents, and to attract high human competencies and skills, to devote themselves to innovation, decision management and enterprise leadership. To become a place that brings the best minds and companies together.
It also seeks to attract the best talents from Saudi Arabia and abroad. Thus, Saudis and expatriates alike will live in it, as is the case in all other global special zones.
Its population will grow affected by future developments, such as automation and robotics, which will reduce human labor in heavy work, and will increase the presence of a highly skilled workforce, to occupy jobs of a strategic and creative nature, and repetitive and arduous tasks, which will be undertaken by a huge number of robots, which may exceed the number of the population, which may The region's GDP per capita is the highest in the world.
special legislation
The project will be a private area excluded from the laws and regulations of the state, such as taxes, customs, labor laws, and other legal restrictions on business, except for sovereign regulations, that is, everything related to the military sectors, foreign policy, and sovereign decisions.
This special zone will have its own regulatory body, there will also be a special judicial body to resolve disputes, and it will be subject to independent regulations and legislation, which are formulated by and for investors.
life style
The “NEOM” region will govern the best international standards of lifestyle, in aspects of culture, arts, and education, and will be an example to be followed globally in the future, to improve the quality of life, in its various aspects, from education, health, food, transportation, entertainment, and modern technical industry.
The project will allow its residents to reach the sites and facilities on foot or by bicycle, in addition to providing the best transportation infrastructure that adopts future technologies.
Who will develop the project?
Saudi Arabia has established a special commission to supervise the “NEOM” project headed by the Crown Prince, and has appointed “Klaus Kleinfeld” as its CEO, a German who was chairman of the board of directors of Siemens, and the Kingdom will support the project with investments made by the “Public Investment Fund”, in addition to funds that will be injected by local investors. internationals; With a total value of $500 billion.
Timetable for the project
With the announcement of the launch of the "NEOM" project, negotiations and discussions with potential investors and future partners will begin immediately, and the first phase will be completed by 2025.
benefit to Saudi Arabia
The Kingdom believes that the development and construction of the “NEOM” project provides an exceptional opportunity to reduce the leakage of gross domestic product, by providing investment opportunities within it, for everyone who invests their money abroad, and the project will provide new opportunities for investment in sectors that will be created from scratch, in addition to benefiting investors. It contains natural resources, such as wind and solar energy.
Okaz (Jeddah) @Okaz_online