What is the latest status of the project “Neom City Project”?

The status recorded for “Neom City Project” is under review.

Who are the main government, EPC, and private stakeholders for “Neom City Project”?

Taiyo maps the stakeholders of “Neom City Project”: government bodies (Saudi Arabian Government, Crown Prince Mohammed bin Salman).

What is the budget and commercial profile for the project “Neom City Project”?

Taiyo normalizes the budget of “Neom City Project” to USD 1000000000000.

Where can I verify the source and access all details for “Neom City Project”?

This Taiyo project page references India.Com along with the original URL (https://www.india.com/news/world/bad-news-for-saudi-prince-mohammed-bin-salmans-dream-project-sources-say-1000-its-20-percent-riyadh-saudi-arabia-neom-city-vision-2030-7956402/). Taiyo standardizes official data into a consistent, searchable project profile.

Neom City Project

Sector: Manufacturing (Industrial) • Location: Neom and Riyadh, Saudi Arabia

Source: India.Com

Project

Under Review

Neom City is a mega infrastructure project in Saudi Arabia aiming to transform the Red Sea coast into a 170-km-long city called The Line and an industrial park. It is part of Mohammed bin Salman's Vision 2030 to reduce the Saudi economy's dependence on oil. The project covers 263,000 hectares and is funded by Saudi Arabia's $1 trillion Public Investment Fund (PIF).

Status: Prospective
Sector: Manufacturing (Industrial), Oil and Gas, Government, Commercial, Wind
Location: Neom and Riyadh, Saudi Arabia
Updated: 22 Jul 2026
Source: India.Com

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Project Information

5 Q

The project “Neom City Project” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Neom and Riyadh, Saudi Arabia. Taiyo aggregates data on it from India.Com.

Participants

Sponsoring Agency

Status

Original status	under review
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Neom City is a mega infrastructure project in Saudi Arabia aiming to transform the Red Sea coast into a 170-km-long city called The Line and an industrial park. It is part of Mohammed bin Salman's Vision 2030 to reduce the Saudi economy's dependence on oil. The project covers 263,000 hectares and is funded by Saudi Arabia's $1 trillion Public Investment Fund (PIF).
Original sector	Urban Development
Budget

Location

Country	Saudi Arabia
City	Neom and Riyadh

Source

Source	India.Com
URL

More Details

Record type	Project
Sector	Manufacturing (Industrial), Oil and Gas, Government, Commercial, Wind
Article published date	2025-09-16

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