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Saudi Neom Mega-Project

Sector: Economic Development • Location: Saudi Arabia

Source: CEO Today

Project
Awarded

Sace, the Italian state-owned insurance entity, has secured a $3 billion multi-currency loan to finance the Neom project in Saudi Arabia, which is part of a broader $500 billion mega-project aimed at transforming the Kingdom into a global hub for trade, innovation, and green energy solutions.

Status
Closed
Sector
Economic Development
Location
Saudi Arabia
Updated
22 Jul 2026
Source
CEO Today

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The project “Saudi Neom Mega-Project” is an infrastructure initiative in the Economic Development sector, located in Saudi Arabia. Taiyo aggregates data on it from CEO Today.

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Status

Original status

Awarded

Taiyo status

Closed

Taiyo last update

2026-07-22

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Not available for this record.

Description

Description

Sace, the Italian state-owned insurance entity, has secured a $3 billion multi-currency loan to finance the Neom project in Saudi Arabia, which is part of a broader $500 billion mega-project aimed at transforming the Kingdom into a global hub for trade, innovation, and green energy solutions.

Original sector

Economic Development

Budget

Location

Country

Saudi Arabia

Source

Source

CEO Today

URL

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Record type

Project

Article published date

2025-01-30

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