The first phase of construction of the $500bn futuristic city Neom, in Saudi Arabia, is complete with the second phase set to be announced by the end of this year. 'If this is to be an international hub, it needs to offer something better than Dubai, which is a high bar to cross,' he said."" 'There couldn't be a much better time in terms of unprecedented change,' said Alswaha [Saudi Minister of Communication and Information Technology Abdullah Alswaha]. (PDF – Press Release Oct 2017 – Official NEOM Site)It is hoped that NEOM with its intense focus on the best possible human resources and technologies could ultimately generate the world's highest GDP per capita.A regulatory framework will be designed with deep consultation to provide the highest possible levels of livability for residents and fair opportunities and practice for investors. Vision 2030 contains three pillars: A Vibrant Society A Thriving Economy An Ambitious Nation. Also, the job application service is to help visitors to be updated when any job opportunity is available.The first phase, scheduled to be completed in 2022, includes 14 luxury hotels with a total of 3,000 rooms to be built on five islands, two resorts in the mountains and desert region, yacht marinas, a dedicated airport, As well as infrastructure facilities.Red Sea Development Company has received the approval of its board of directors on the Red Sea Project, one of the most ambitious tourism projects in the world. 'I'm very optimistic about what's possible here.' The reforms and diversification plans are giving young people good reason to be confident about the future.Numerous princes, sitting and former ministers were arrested. As NEOM transforms the world, it will also help to transform the Kingdom of Saudi Arabia into a leading global innovation and trade center. ""Hertog said investors will want to see whether 'circumventing some of the slow mainline bureaucracy and general social restrictions in Saudi Arabia in a special zone' can work. It will cover a total area of 26,500 km (10,200 sq mi) and will extend 460 km along the coast of the Red Sea. Such an environment is seen as essential to the future success of Neom Zone." 'It's sort of extraordinary what's going on in Saudi Arabia... you see economic growth and other good things happen when you have intelligent, informed, reform-oriented governments,' he said. 'The rate of change right now is giving us a unique and a big window to leapfrog into the future.' According to the approved master plan, 10,000 guest rooms will be built in 22 resorts out of more than 90 islands. It will be a society where progress is nurtured and knowledge pursued.In early November 2017, King Salman bin Abdulaziz Al Saud issued a powerful anti-corruption decree to form a new supreme committee led by the Crown Prince. The project is scheduled to be completed by 2030. The site is near the Red Sea and the borders of Egypt, Israel and Jordan (However, Saudi Arabia has no land border with Egypt and Israel). But NEOM is not just a place – it’s a mindset. The dramatic concept of NEOM grew from Saudi Arabia's Vision 2030 – a plan to develop the Kingdom into a model of excellence and underline its future prosperity. The first phase of construction of the $500bn futuristic city Neom, in Saudi Arabia, is complete with the second phase set to be announced by the end of this year. The master plan is based on a sophisticated management system for resort management at the destination, which supports a wide range of products and services designed to attract tourists in the luxury tourism sector, and helps manage visitor flows to ensure an experience free of over-crowding and delays during their visit to the destination.A frequent re-evaluation of the master plan was undertaken to ensure that 75% of the islands in the destination remain untouched and nine islands remain as sites with significant environmental value in order to avoid potentially disrupting endangered species native to the area, In order to ensure the protection and preservation of the ecosystem during and after the construction process.Enter your email address to subscribe to this blog and receive notifications of new posts by email.This project will be the best all around project to be implemented in the Kingdom of Saudi Arabia.The project is scheduled to be completed by 2030.
It is planned to incorporate smart city technologies and also function as a tourist destination. The right of David Tyrer to be identified as the author of this work is asserted in accordance with the Copyright, Designs and Patents Act 1988.