We like to keep up with news and events in NEOM, Saudi Arabia and the surrounding area. Here are some of the news sites we read regularly.
An exhibition showcasing Saudi Arabia’s lucrative NEOM smart city project will be held at Dongdaemun Design Plaza (DDP) in Seoul. The Ministry of Land, Infrastructure and Transport announced on Wednesday that the Seoul NEOM exhibition will take place from July 26 to August 3.
Hitachi Energy, a global leader in sustainable energy solutions, has secured a major contract from Enowa and the Saudi Electricity Company (SEC) to design, develop and commission one of the world's first 3 GW, 525 kilovolt (kV) HVDC Light transmission systems in Saudi futuristic city NEOM. The ground-breaking deal inked with Enowa, the energy and water company of NEOM, and SEC will see Hitachi Energy design and develop the first phase of the visionary NEOM region transmission system, together with its consortium partner Saudi Services for Electro Mechanical Works (SSEM).
During the 20th Middle East annual conference organised by the London Business School Middle East Club, CEO Nadhmi Al-Nasr shared updates about Sindalah Island, a prominent marine tourism destination. Al-Nasr revealed that the Saudi island’s construction work is progressing rapidly and it is anticipated to welcome its inaugural visitors in the first quarter of 2024. This would make Sindalah the first region within NEOM to host guests.
NEOM and TELFAZ11 have announced a pivotal partnership that will see the creation of up to 9 TV and film productions over the next 3 years. The collaboration between NEOM and TELFAZ11 will accelerate the growth of NEOM’s media industries ecosystem, ensuring a rich pipeline of productions, including 2 feature films and 1 series currently in development under the new arrangement. Today’s announcement follows a recent drumbeat of high profile TELFAZ11 successes, including the debut of its latest theatrical feature film ‘Sattar,’ which has become the highest grossing Saudi film of all time.
Contractors will next month submit bids for a contract to build a utility tunnel that will connect the offshore elements of the port city OXAGON to the mainland as part of the NEOM megaproject in Saudi Arabia.
The design-and-build contract involves digging a 6.5m diameter tunnel using a tunnel boring machine (TBM) under the sea.
Hitachi Energy, a global technology leader advancing a sustainable energy future for all, has signed agreements under the supervision and management of the Ministry of Energy with the Saudi Electricity Company (SEC) and with ENOWA. The agreements include the supply of three high-voltage direct current (HVDC) transmission systems to end customer ENOWA, the utility company for NEOM in Northwest Saudi Arabia. Built with sustainability in mind, NEOM is among Saudi Arabia’s Giga-Projects1 reshaping the future of development. The three HVDC links will have a total power capacity of up to 9 gigawatts (GW).
Scandinavian Industrialized Building System (SIBS), one of the world’s leading modular home manufacturers based in Malaysia, has been awarded a contract to deliver 2,174 apartments covering 35 buildings at Saudi futuristic city NEOM. Located in the kingdom's northwest, NEOM is one of the world’s largest urbanization projects and will be a centre of world-leading innovation with a new model for how we live and develop sustainably.
Industrial Engineering Company for Construction and Development (ICON), listed on the Egyptian Exchange (EGX), said that its subsidiary Prefabricated Buildings Development Industrial Co. Saudi Arabia won a contract for the NEOM project.
NEOM has partnered with one of India's premier T20 cricket league teams, Rajasthan Royals, to deliver NEOM’s first ever cricket program. The landmark pilot program aims to facilitate an active and healthy lifestyle within the growing workforce, forecast to reach 60,000 people by the end of the year.
Founded in 2008 and hailing from Jaipur, Rajasthan, Rajasthan Royals is one of the world’s most renowned cricket teams and recognized internationally for its academies and community foundation work. To mark the partnership, Rajasthan Royals lead owner, Manoj Badale, today visited NEOM to meet CEO, Nadhmi Al-Nasr, community members and take part in a selection of cricket sessions.
A consortium of contractors has won a contract worth SAR 3 billion (US$800 million) to build the first phase of the Port of NEOM in Saudi Arabia. NEOM is a special economic zone in the north west of Saudi Arabia, for which multiple ambitious construction projects are planned, including a 170km-long linear city called THE LINE. Belgian contractor Besix and Boskalis have become the first European contractors to win a design and build lump sum contract with NEOM, to build the first phase of the region’s port. Work will involve dredging and construction of quay walls.
NEOM Green Hydrogen Company (NGHC) today announced that following signing financial documents with 23 local, regional, and international banks, and investment firms, it has now achieved financial close on the world's largest green hydrogen production facility at a total investment value of USD 8.4 billion. The plant is currently being built at OXAGON, in Saudi Arabia's region of NEOM. NGHC has also concluded the engineering, procurement, and construction (EPC) agreement with Air Products as the nominated contractor and system integrator for the entire facility.
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