NEOM is the most ambitious project in the world, a brand new land built for a new living purpose. The Kingdom of Saudi Arabia has established a special body to oversee NEOM, headed by His Royal Highness Prince Mohammed bin Salman. The project is backed by more than $500 billion over the coming years and is managed by the Public Investment Fund of Saudi Arabia.
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NEOM is described on its official website as a "mentalist". “NEOM’s citizens will embody an international ethos and embrace a culture of exploration, risk-taking and diversity – all backed by a progressive legal system that is aligned with international standards and leads to economic growth,” the site shares. It will aim to be a community with a mixture of nations, religions and backgrounds, all living and working together towards a common goal.
NEOM is planned to be a place focused on setting new standards for community health, environmental protection and the efficient and productive use of technology. It is independently designed, built and managed in a way that is freed from the outdated economic and environmental infrastructure that restricts other countries. NEOM is ideally located to achieve these goals. Which makes it the most suitable and optimal for housing and investment. NEOM is expected to be home to one million people by 2030.
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