Explore how NEOM, Saudi Arabia’s futuristic $500 billion city, plans to boost its workforce to 200,000 by 2025, fueling Vision 2030 through innovative global partnerships and construction.
Riyadh: Saudi Arabia’s ambitious $500 billion city project, NEOM, is set to witness a significant workforce expansion, with numbers expected to surpass 200,000 by 2025.
This marks a 43% increase from current levels, a key phase in the Kingdom’s Vision 2030 initiative to reshape its economy.
NEOM’s global appeal was evident as over 100 leading construction firms from around the world converged in the northwest of Saudi Arabia for a two-day industry forum.
This gathering underscored NEOM’s growing importance as it embarks on its most intense development phase yet.
Nadhmi Al-Nasr, CEO of NEOM, reiterated the vast opportunities available:
“As we enter our most active development phase, the opportunities across NEOM are colossal. We are eager to partner with internationally renowned contractors to realise NEOM’s vision.”
The forum provided a platform for participants to gain firsthand insights into the upcoming opportunities in NEOM.
They were given tours of project sites, witnessing the ongoing construction efforts.
The event also facilitated crucial one-on-one meetings, fostering in-depth discussions on specific business prospects.
This allowed contractors to showcase their services and capabilities, highlighting the unique opportunities NEOM offers for collaboration.
The mix of local and international firms from regions such as Asia, Europe, North America, and North Africa highlighted the project’s current and future developments, transitioning NEOM into the next phase of its extensive portfolio.
Key Projects and Expected Completion
| Project | Description | Expected Completion |
|---|---|---|
| The Line | A 170-km-long linear city | 2030 |
| The Spine | Central transportation and utility hub | Ongoing |
| Oxagon | Industrial and innovation hub | Ongoing |
| Trojena | Mountain tourism destination | Ongoing |
| International Airport | Connectivity hub | Ongoing |
The forum also highlighted the critical role of innovation, noting that traditional construction methods must meet the ambitious scale and scope required for the futuristic city.
Among the projects discussed was The Line, a 170-km-long linear city built in modular phases and set to welcome residents in 2030.
As NEOM progresses into a new phase of execution, the need for top-tier construction expertise becomes more pronounced, necessary to deliver some of the most ambitious development projects the world has ever seen.
This workforce and development activity surge highlights the project’s pivotal role in the Saudi economy.
It sets a benchmark in global construction and innovation practices, making NEOM a keystone in realising Saudi Arabia’s Vision 2030.
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