Business

‘Discover NEOM’ Tour Kicks Off In Jeddah

JEDDAH. NEOM, the futuristic city being developed in the Kingdom of Saudi Arabia, has kicked off its Discover NEOM KSA tour in Jeddah. The tour aims to promote investment opportunities and highlight the rapid progress being made across the various sectors of NEOM, while fostering relationships with local investors, potential business partners, and stakeholders from multiple industries.

During the Jeddah visit, NEOM executives revealed details about the tangible progress in the construction of its futuristic cities and the development of its regions, in addition to showcasing the investment opportunities available for local companies and entrepreneurs across all sectors. The discussions particularly focused on the projects supporting NEOM’s Tourism sector, Trojena and Sindalah, which will create a new model for tourism that blends extraordinary designs and state-of-the-art technology with the breathtaking natural landscapes.

NEOM CEO Nadhmi Al-Nasr highlighted how the project is accelerating human progress, driving ground-breaking innovation and attracting the brightest minds from the Kingdom and the world, aiming to serve as an engine for the Kingdom’s economy, create jobs, support the country’s progress and augment its non-oil GDP.

“Through this tour and our insightful meetings with some of the Kingdom’s top companies and investors, we reaffirm our commitment to sharing NEOM’s unique vision and strategic objectives to achieve exceptional livability and thriving businesses, redefine sustainability, and develop key economic sectors, in line with Saudi Vision 2030. Our meetings have also highlighted the progress that NEOM has been witnessing across its projects. NEOM is a global project of unprecedented scale that puts people first and offers them a comfortable and enjoyable community with the highest quality of life while preserving the natural environment. Being a living research and innovation hub that will redefine livability, urban planning, and various industries by adopting the latest technologies, NEOM presents massive business and investment opportunities and the chance to take part in creating the new future,” said Al-Nasr.

NEOM’s Deputy CEO, Rayan Fayez, said: “By meeting with industry leaders and investors, we aim to present the various investment opportunities available across NEOM’s key economic sectors and to build strategic partnerships that can accelerate development in all its regions. NEOM represents our ambition to create a better future that flourishes with innovation and prosperity. As our projects continue to take shape with achievements and rapid progress, even more opportunities will be ripe for potential partners. Over the upcoming period, we will be meeting with more business leaders and investors in the Kingdom’s Eastern Province and its capital Riyadh, to promote valuable investment opportunities in NEOM.”

NEOM has organized several Discover NEOM tours and roadshows globally, including in the US, the UK, France, and Germany. The roadshows have included high-profile meetings with investors, entrepreneurs, and experts from around the world.