Tuesday, 02 January 2024 12:17 GMT

Saudi Arabia sees progress in Neom city construction


(MENAFN) Saudi Arabia is right on schedule in the construction of a city within the Neom project valued at USD500 billion.

Launched in the northwestern part of Saudi Arabia, Neom project consists of sixteen economic sectors which provide massive opportunities for investors around the world.

CEO of City Transformation Agency Antoni Vives assured that Neom will open a number of basic infrastructure facilities late this year.

It comes after Saudi Arabia declared the commencement of a city construction in Neom, covering more than 45,000 km and is expected to wrap up next year.

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