NEOM construction progresses remarkably since January 2023 update
The ongoing construction of NEOM, a groundbreaking project, continues to make remarkable strides since the last progress update in January 2023.
In this second progress update film, we witness rapid advancements in NEOM's critical areas, driven by substantial investments and the contributions of talent hailing from over 90 countries.
The footage showcases the construction progress in significant zones like THE LINE, Oxagon, Sindalah, and Trojena, with essential infrastructure, including roads, utilities, and a hospital, already in place.
The video also unveils the ambitious $2 billion development of the Port of NEOM, already in progress. This development includes the construction of an advanced container terminal set to be operational by 2025, representing a substantial enhancement to the existing terminal. Additionally, NEOM is poised to house the world's largest green hydrogen plant, scheduled for operation in 2026 under the NEOM Green Hydrogen Company.
NEOM is set to establish new benchmarks by providing top-tier international standards concerning taxation, regulatory environment, and commercial law. It will offer unrivaled connectivity and a strategic location at the global trade crossroads. NEOM is destined to redefine business practices, quality of life, and conservation efforts, creating a future where both people and the planet can thrive in harmony.
This video is the latest installment in an ongoing series that highlights key milestones and the development progress of NEOM. To stay updated, consider subscribing to our newsletter and following NEOM on social media for further updates.