NEOM – Gotonews https://blog.gotonews.com Gotonews.com Wed, 21 Jun 2023 15:59:34 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://blog.gotonews.com/wp-content/uploads/2022/04/favicon-1-75x75.png NEOM – Gotonews https://blog.gotonews.com 32 32 NEOM: Saudi Arabia Non-Oil Mega-Project that Worth $1 Trillion   https://blog.gotonews.com/neom-saudi-arabia-non-oil-mega-project/?utm_source=rss&utm_medium=rss&utm_campaign=neom-saudi-arabia-non-oil-mega-project https://blog.gotonews.com/neom-saudi-arabia-non-oil-mega-project/#respond Wed, 21 Jun 2023 15:59:34 +0000 https://blog.gotonews.com/?p=69965 NEOM

NEOM smart city plan by Saudi Arabia is a heaven of dreams, technologies, Artificial Intelligence, eco-system, transportation, and probably anything that seems like imagination, means no boundaries or limits. It is not a usual location; rather, it is a dream or a glimpse of the future. NEOM look like a fantastical place where there were […]]]>
NEOM smart city plan by Saudi Arabia is a heaven of dreams, technologies, Artificial Intelligence, eco-system, transportation, and probably anything that seems like imagination, means no boundaries or limits.

It is not a usual location; rather, it is a dream or a glimpse of the future. NEOM look like a fantastical place where there were endless wonders on display.

Nonetheless, this smart city is more than just a stunning setting. There is a lot going on inside.

A plan that wants to practically implement what the world has never accomplished before.

This is a ground-breaking project in Saudi Arabia to reimagine the ideas of work, living, and sustainability to build a new future. It offers a singular investment opportunity that is unmatched anywhere in the globe.

Well, how wonderful it sounds!

Anyone who would hear about it would love to live inside it.

But, here is the thing; NEOM is still in a long way of completion.

What so ever it says and claims appear tremendous and marvelous, but reality still is at a distance.

Then why not have a trip with this beautiful plan?

The Name Meaning of NEON

NEOM

The name has a beautiful meaning that reflects the project’s vision and goals.

NEOM is made up of two words, each of which stands for an essential idea.

The name’s initials, NEO, come from an Ancient Greek prefix that means New. It stands for the project’s inventive and forward-thinking nature.

M, the second half of the name, has several meanings. It stands for the first letter of the Arabic word Mustaqbal, which means future.

Moreover, the letter M stands for the first name of His Royal Highness Mohammed bin Salman, the Crown Prince of Saudi Arabia and the head of the board of directors of the NEOM Company.

A Journey towards NEOM

NEOM

This is a non-oil economic special zone that is one of the distinct business models. NEOM is in the mild northwest of Saudi Arabia and has a varied climate with both snow-capped mountains and beaches that are bathed in sunlight.

Its vastness spans an area of over 26,500 square kilometers. The area has a 468-kilometer shoreline and 41 appealing islands that are just waiting to be discovered.

Because of this project’s location, people can live more comfortably while still protecting 95% of the area’s natural scenery.

This is according to the basic idea of sustainability. Undoubtedly, this is a genuinely remarkable worldwide opportunity; and is dedicated to sustainability and environmental protection.

Design and construction, education, research and innovation, energy, entertainment and culture, financial services, food, health, well-being, biotechnology, manufacturing, media, mobility, sport, technology, digital, tourism, water, and other industries are included in the NEOM. Each industry is essential to NEOM’s future development.

The smart city means the availability of not only the needs and resources but all the modern technologies that are nowhere.

The project works with collaborators that support its forward-thinking objectives, developing deep connections based on fundamental values.

The accomplishment of this mission requires the support of its partners. The most recent projects and advancements within the project are highlighted in the NEOM news section, available on the official site.

NEOM is always pushing the limits of innovation and sustainability through collaborations with significant corporations and ground-breaking technology developments.

Aside from a business opportunity, investing in this project offers the possibility to take part in a remarkable journey. Persons and businesses can influence how work, lifestyle, and sustainability will develop globally by making investments in smart cities.

Besides being masterpieces, NEOM offers a supreme investment opportunity, a new economic example, and a platform for sustainability and creativity.

Regions of NEOM

  • SINDALAH

It is the alluring luxury island getaway of Sindalah in the Red Sea.

  • THE LINE

It is the Visualization of a city where people come first in urban planning and where nature and urban life coexist together. These are precisely the cities of the future.

  • TROJENA

It is located in the highlands of NEOM. Trojena is a compelling area that beautifully displays the spectacular majesty of the surrounding environment.

  • Oxagon

Oxagon serves as a bold model for innovative and clean businesses. It is a calculated strategy that blends innovative thinking, cutting-edge technology, and sustainability to create a fresh phase in industrial growth.

A Global Opportunity and Impact

NEOM

NEOM is not something precise to the Kingdom of Saudi Arabia.

It offers a worldwide opportunity that cuts beyond borders and welcomes people and companies from all around the world to participate in creating a better future.

The following are some crucial elements that make this project an exciting worldwide opportunity:

  1.  NEOM has committed to using only renewable energy sources for all of its electricity needs.
  2. It is a special economic zone that provides investors with incentives and a distinctive business environment with simplified rules, appealing investment opportunities, and a focus on innovation and entrepreneurship.
  3. NEOM is strategically located for international trade because it is located along the Red Sea. The Red Sea accounts for over 13% of all worldwide trade, which makes NEOM an excellent center for global trade and commercial activity.
  4. NEOM has good connectivity due to its position, which allows for easy flight times of about 6 hours for 40% of the world’s population. This ease of access encourages smooth trade and travel links, increasing the potential of this mega project as a major business and travel hub.
  5. NEOM is in line with Saudi Vision 2030, a comprehensive goal to diversify the economy of the Kingdom and lessen its reliance on oil. The Saudi Vision 2030 goals are furthered by the creative strategy, zero-carbon initiatives, circular economy concepts, and ground-breaking design. It offers local and international stakeholders the chance to contribute to promoting economic growth and development.

Conclusion

The Kingdom of Saudi Arabia enjoys its royalty and Highness being one of the most economically stable economies in the world.

However, now the kingdom is taking some turns and focusing on non-oil production and its image in the world.

NEOM is a highlighted aim for this.

Be it innovation, sustainability, or economic progress, NEOM is a truly extraordinary global opportunity and has attracted the interest of free thinkers everywhere.

Beyond the possible and impossible, win or failure, let’s think about a beautiful saying,

“In the middle of every difficulty lies opportunity as we move forward.”

NEOM is more than just a project; it is a force for good and an example of what can be accomplished when creative minds work together. Therefore, wait and manifest what the future holds for the new future.

 

 

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