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NEOM Development Project

Sector: Urban Development • Location: Saudi Arabia

Source: Saudi Embassy

Project
Planned

NEOM is being developed as a closed joint-stock company owned by the Public Investment Fund of Saudi Arabia. It aims to create a new area in Northwest Saudi Arabia that will serve as a hub for innovation, sustainability, and livability, featuring extensive infrastructure, new cities, and a range of economic sectors.

Status
Prospective
Sector
Urban Development
Location
Saudi Arabia
Updated
22 Jul 2026
Source
Saudi Embassy

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Project Information

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The project “NEOM Development Project” is an infrastructure initiative in the Urban Development sector, located in Saudi Arabia. Taiyo aggregates data on it from Saudi Embassy.

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

NEOM is being developed as a closed joint-stock company owned by the Public Investment Fund of Saudi Arabia. It aims to create a new area in Northwest Saudi Arabia that will serve as a hub for innovation, sustainability, and livability, featuring extensive infrastructure, new cities, and a range of economic sectors.

Original sector

Urban Development

Location

Country

Saudi Arabia

Source

Source

Saudi Embassy

URL

More Details

Record type

Project

Article published date

2025-03-20

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