NEOM - NEOM City Development Program
Saudi Arabian NEOM is undertaking the construction of the NEOM City Development Project in Tabuk Province, Saudi Arabia.
This project is part of the Saudi Giga Project plan.
The project was established in the north-western region of Saudi Arabia and will include territory from within the Egyptian and Jordanian borders. It will be extended over 468km coastline along the Red Sea and the Gulf of Aqaba and the total area will be 26,500km2.
NEOM aims to develop nine key economic sectors which are energy and water, mobility, biotech, food, technological and digital sciences, advanced manufacturing, media and media production, entertainment and living as NEOMâs foundation. It will be empowered entirely by renewable energy. The site will also become the main entrance to the King Salman Bridge, linking Asia and Africa, which will add to the zoneâs economic significance. It includes Royal Palaces, gathering hall, golf course, landscaping works and infrastructure, and utilities.
The current profile consists of NEOM airport, which will be built near the kingdomâs Tabuk area. It will be located 10km from Sharma, 75km from Daba and will be initially coordinated with Prince Sultan City. The airport is expected to feature a runway of 3,757 meters long at 151 degrees on one side and 331 degrees on the other.
This project is one of the initiatives included in the Saudi Giga Projects plan.
The US$350000 million project includes the following:
1. Construction of a mixed-use city
2. Construction of Oxagon (Industrial city)
3. Construction of Oxagon Port
4. Construction of airport
5. Development of Gulf of Aqaba (Romantic Bay)
6. Construction of infrastructure works
7. Development of islands
8. Islands infrastructure
9. Construction of railway network
10. Construction of Trojena
11. Construction of logistics park
12. Construction of villas
13. Development of construction village
14. Construction of hotels
15. Development of Sindalah Island
16. Construction of zero homes
17. Construction of tunnels
18. Construction of viaducts
19. Construction of renewable power grid
20. Construction of hydrogen energy
21. Water Transmission Line
22. Associated facilities
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10 October 2024
Oxagon: Southern Cluster: Green Fuels Project: Green Ammonia Plant Complex: Electrolysis Plant: The construction works are still ongoing on the project and are expected to be completed by the fourth quarter of 2026.
07 August 2024
Renewable Energy Programme Phase 1: 3,000MW Solar Power Plant: The advisory works are progressing on the project and the main contract tender is expected to be issued by the end of the year 2024. SMBC Advisory Services is appointed as the financial adviser and Boston Consulting Group as strategy adviser.
17 July 2024
Southern Cluster - Green Fuels Plant: Sarens to transports green hydrogen Plant to Neom & the construction works are ongoing on the project and are expected to be completed by the end of 2026.
14 June 2024
Tabuk Horticultural Test Facilities: The groundworks have been completed and the structural works are ongoing on the project and are expected to be completed by third quarter of 2024.
01 May 2024
Neom has secured a new revolving credit facility (RCF) worth SAR 10 billion on the project and construction works are ongoing on 380/132/33KV Neom Mountain BSP.
21 April 2024
Logistics Park: The finishing works are ongoing on the project.
12 April 2024
NEOM City: Oxagon: Container Activation Terminal Buildings: The construction works are still ongoing on the project and are expected to be completed by the fourth quarter of 2025. NEOM City: NIC NR & EV2 Substation 132/33kV: The main contract tender is not yet awarded for the project.
13 March 2024
Demonstration Plant Building Project: Construction works are ongoing on the project.
26 February 2024
NEOM: 20GW Seven Solar Photovoltaic (PV) Parks in Tabuk and Duba: Site Preparatory Works Package - The main contract tender was issued on December 2023 and the bids were submitted on February 14, 2024. We are in the process of identifying the bidders.
31 January 2024
NEOM City: Dam Expansion Works: The project is completed.
23 November 2023
Un Studio is working on JW Marriott Hotel, The W hotel, and Anantara Resort as a design consultant.
08 November 2023
NEOM - NEOM City: Transmission Pipeline From NEOM Industrial City To Gayal: Construction works are progressing on the project as per the schedule
03 October 2023
Oxagon Port: Interim Warehouse (2 nos): Construction works are ongoing on the project and the project is expected to be completed by August 2024.
10 September 2023
Dam Expansion Works: The construction works are progressing on the project.
01 September 2023
NEOM City: Tabuk Horticultural Test Facilities: Construction works are progressing as per schedule on the project.
07 July 2023
NEOM City: Oxagon: Southern Cluster - Green Fuels Plant: The construction works are progressing and is expected to be completed by 2026.
15 June 2023
The main contract bids are under evaluation on SEC - NEOM City: 132/33kV NIC NR & EV2 Substation.
23 May 2023
NEOM Green Hydrogen Company - Green Fuels Plant: The financial closure is achieved on the project.
11 May 2023
NEOM City: Zone A Mineralisation Plant: Water Bottling Facility: Pkg 22A The main contract tender is yet to be issued.
27 March 2023
Construction works are ongoing on NEOM City: Water Reservoir and the project is expected to complete by July 2023. Foundation works have completed for NEOM City: Dam Expansion Works project.
08 February 2023
NEOM City: Al Bada Reservoir to Lower Mountain and Visitors Center, NEOM: Transmission line From Gayal to Magna BPT and Albada Reservoir - Mutlaq Damook Al Ghowairi Contracting has been appointed as the main contractor.
09 November 2022
NEOM City: North and South Base Camps: the project is retendered and the last date for bid submission is on November 10, 2022.
05 September 2022
Trevi Arabian Soil Contractor, a subsidiary of Trevi Group, has started permanent foundation works on The Line.
29 June 2022
Neom has received prequalification documents from contractors for the precast package of the Spine Project. (Source: MEED)
13 June 2022
NEOM City: Technology & Digital Hub: The construction works are progressing on the project.
13 June 2022
NEOM City: Temporary Project Offices Phase 1: The construction works are progressing on the project.
23 May 2022
Construction works are progressing on the Sindalah Island Development: Golf Course Package.
21 April 2022
Construction works have progressed up to 30 percent on Pipeline Network: Coastal Section project and the following companies have been prequalified for Islands Infrastructure Framework project *China Harbour Engineering Company *BESIX *Archirodon *Al Bawani *Huta Marine *Nesma & Partners and *Al Ayuni Investment & Contracting Company.
07 April 2022
FMSCO has been appointed as the main contractor for Logistics Administration Building project and construction works are yet to commence.
12 March 2022
The client is in negotiation with international and local utilities for the further development of the project: Water Desalination Plant(IWP). However, the main contract tender is yet to be issued.
07 March 2022
Nesma & Partners has been appointed as the main contractor and AECOM as the design consultant on the Earth Moving project.
23 January 2022
Beijing Emirates Company has been appointed as the main contractor for Technology & Digital Hub project and Mobility Hub project.
17 January 2022
Mofarreh M Al Harbi Est has been appointed as the main contractor on Earthworks of Viaducts package.
19 September 2021
The client is in talks with several investors and contracting companies for the further development of the project.
15 July 2021
The main contract bid submission deadline for Magna Storage Reservoir in Magna and Al Badaa Storage Reservoir, Day Tank & Connecting Transmission Mains is on July 19, 2021.
06 June 2021
Firms have submitted offers for masterplanning studies on a proposed coastal development scheme known as Gulf of Aqaba. (Source: MEED)
02 June 2021
The bid submission is due on June 3, 2021 and Mofarreh M Al Harbi Est, Alkifah Contracting are amongst the other PQ companies for Logistics Administration Building
24 May 2021
Construction works are ongoing on Sharma to Tabuk Road Upgrade.
18 April 2021
The consultancy bid for the design consultant and PMC has been received however we are in the process of identifying the package for this tender. (Source: MEED)
23 February 2021
There is no news on main contract tender issue for Neom Bay: Silver Beach: access road package I, II, III.
14 December 2020
Red Sea International has been appointed to provide facilities management, operations, and maintenance services with a contract value of $14.1m for 3 years.
28 August 2020
Mofarreh M Al Harbi Est has been appointed as the main contractor for Neom Industrial City: Industrial and Commercial Buildings with a contract value of US$267 million.
09 July 2020
Neom : Industrial City: Site preparation & Enabling Works for PV Plant: Mobilization works are in the final stages and construction works are yet to commence at the end of July 2020.
21 May 2020
Al Ayuni Investment and trading has been appointed as the main contractor for Sharma to Tabuk Road Upgrade.
05 April 2020
There is no news regarding the main contract award for Sharma to Tabuk road upgrade.
03 February 2020
The general plan for the development of Neom City is expected to be announced in Q2 2020.
14 January 2020
Silver Beach: Access Road: Package III is still in the initial stage of development.
17 December 2019
The main contract tender is not yet awarded for PV Plant Site preparation and enabling works and market sources indicate that there is no news on the main contract tender issue for Silver Beach: Access Road: Package I and II.
08 November 2019
International Airport is still in the initial stages.
31 October 2019
The main contract bids are still under evaluation for PV Plant Site preparation and enabling works.
10 October 2019
The prequalification tender has been cancelled due to change in design works. for access road package I and II.
18 September 2019
The Expression of Intrest (EOI) has been released for access road packages I and II and the last date for submission is October 5, 2019, however, package III is in the initial stage.
29 July 2019
Neom: Industrial City - The main contract bid submission of enabling works for the PV plant development is on July 25, 2019.
27 June 2019
For the Neom Bay: Silver Beach Infrastructure Works- US-based Aecom has been awarded the project management contract. For the Neom City Project: Airport- A small part of the airport has been commercially opened for the employees and investors.
08 May 2019
For the Silver Beach Infrastructure Works Package - The main contract tender is expected to be issued by end of May 2019. Al Fouzan Trading & General Construction and Shapoorji amongst others were pre-qualified for the project.
15 March 2019
Neom: RO Plant is under the main contract bid evaluation. *PIF - NEOM: Infrastructure and Utilities AECOM has been appointed as the project management consultant on the project.
18 January 2019
The authority has approved the master plan for the development.
19 December 2018
As per the Royal visit the client has prioritized the completion of the 3,757m runway of the Neom City Airport in October 2018. However, the entire project is still in a very initial stage of development.
26 October 2018
The design works are expected to commence by June 2019. Once the designs are completed the construction phase will commence.
12 September 2018
Environmental, archaeological and geological survey has commenced on the project.
26 August 2018
The client is developing the master plan and undertaking environmental assessments on the project.
21 May 2018
Orascom Development Egypt (ODE), subsidiary of Orascom Development Holding AG are keen in investing in the development of NEOM City. Italian construction company Salini is interested in the future tenders for the infrastructure works on the project.
06 March 2018
Saudi Arabia and Egypt have jointly set up $10b funds to develop the project and Egypt is committing over 1,000 sqkm of land in the south Sinai region.
21 February 2018
The consultants have been invited to participate on the project which is currently under study and review. It is understood that the following consultant among others is likely to participate on the project: *Dar Al Handasah The exact number of consultants participating is unknown at this moment. As soon as we know the identity of the other companies, we will update the profile.
15 December 2017
Buro Happold has been appointed as the programme manager for the project.
31 October 2017
The UK entrepreneur, Virgin Group has expressed interest for the development of the project.
25 October 2017
The client is in talks with potential investors on the project. Japanâs SoftBank Group plans to invest in state-owned Saudi Electricity company and build the worldâs largest solar plant and robot in the zone. PIF is a partner in the companyâs $100bn Softbank Vision Fund, and has committed to invest as much as $45bn in the tech fund.