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Saudi Arabia, the world's largest crude oil exporter, announced on Sunday that it will launch an eco-city
with "zero cars, zero streets and zero carbon emissions" in its future NEOM megaproject.
The $500 billion NEOM project, which will begin construction along Saudi Arabia's picturesque Red Sea coast, is hailed as a symbol of the development of
a tech city.
THE SAUDI PRINCE ANNOUNCED A CITY PLAN
CALLED "THE LINE" IN A SPEECH BROADCAST ON STATE TELEVISION.
"It is a 170-kilometer-long linear city with a population of one million, retaining 95% of the natural resources within NEOM, zero cars, zero streets and zero carbon emissions
.
We need to transform the concept of the traditional city into the concept of the city of the
future.
”
According to a statement from NEOM, the city will offer schools, medical centers, green spaces, and high-speed public transportation, and the trip is not expected to take more than 20 minutes
.
AI will play a key role in the city, the statement said, "it will be powered by 100% clean energy to provide residents with a pollution-free, healthier and more sustainable environment"
.
Construction of the city will begin in the first quarter of this year, with funding from the Public Investment Fund, the main means by which the kingdom will diversify
its economy beyond oil.
The project is expected to create 380,000 jobs by 2030 and contribute 180 billion riyals ($48 billion)
to Saudi Arabia's GDP.
Saudi Arabia, the world's largest crude oil exporter, announced on Sunday that it will launch an eco-city
with "zero cars, zero streets and zero carbon emissions" in its future NEOM megaproject.
The $500 billion NEOM project, which will begin construction along Saudi Arabia's picturesque Red Sea coast, is hailed as a symbol of the development of
a tech city.
THE SAUDI PRINCE ANNOUNCED A CITY PLAN
CALLED "THE LINE" IN A SPEECH BROADCAST ON STATE TELEVISION.
"It is a 170-kilometer-long linear city with a population of one million, retaining 95% of the natural resources within NEOM, zero cars, zero streets and zero carbon emissions
.
We need to transform the concept of the traditional city into the concept of the city of the
future.
”
According to a statement from NEOM, the city will offer schools, medical centers, green spaces, and high-speed public transportation, and the trip is not expected to take more than 20 minutes
.
AI will play a key role in the city, the statement said, "it will be powered by 100% clean energy to provide residents with a pollution-free, healthier and more sustainable environment"
.
Construction of the city will begin in the first quarter of this year, with funding from the Public Investment Fund, the main means by which the kingdom will diversify
its economy beyond oil.
The project is expected to create 380,000 jobs by 2030 and contribute 180 billion riyals ($48 billion)
to Saudi Arabia's GDP.
