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NEOM City Project

Sector: Oil and Gas • Location: Saudi Arabia

Source: CityNews Halifax

Project
Planned

The NEOM project is a $500 billion initiative to build a straight-line city in Saudi Arabia's western desert on the Red Sea, aimed at transforming the region into a hub for innovation and sustainability.

Status
Prospective
Sector
Oil and Gas
Location
Saudi Arabia
Updated
22 Jul 2026
Source
CityNews Halifax

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Project Information

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The project “NEOM City Project” is an infrastructure initiative in the Oil and Gas sector, located in Saudi Arabia. Taiyo aggregates data on it from CityNews Halifax.

Participants

Not available for this record.

Status

Original status

Planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The NEOM project is a $500 billion initiative to build a straight-line city in Saudi Arabia's western desert on the Red Sea, aimed at transforming the region into a hub for innovation and sustainability.

Original sector

Urban Development

Budget

Location

Country

Saudi Arabia

Source

Source

CityNews Halifax

URL

More Details

Record type

Project

Sector

Oil and Gas

Article published date

2025-03-07

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