NEOM - NEOM City: Oxagon

General Information
Owner NEOM
Masterplan Project (Parent Profile) Neom – NEOM City Development Program – Tabuk
Location Tabuk Province, Saudi Arabia
Status --
Sector Industrial, Production, Other
Contract Type Build
Onshore/Offshore Onshore
Greenfield/Brownfield Greenfield
Progress 45
Estimated Budget Value ---
Contract Value 0
Net Value $155m
Award Date February 2020
Completion Date December 2030
Last Updated On January 2025
ProjectId (Old, New) 47883, 299830


Saudi Arabian NEOM is undertaking the construction of the Oxagon (also known as NEOM Industrial City) as a part of the NEOM City Development Program 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 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 NEOM’s 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 zone’s economic significance. It includes Royal Palaces, a gathering hall, a golf course, landscaping works and infrastructure works, and utilities.

The current profile covers Oxagon (NEOM Industrial City) package.

The US$54851 million project includes the following:

1. Construction of industrial buildings

2. Construction of storage facilities

3. Construction of commercial facilities

4. Infrastructure works

5. Construction of associated facilities

Second Section

08 January 2025

NEOM City: Oxagon: Main Storage Reservoir: The main contract tender is yet to be issued.

08 December 2024

Precast Production Factory for WTS From Neom Desalination Plant to Gayal: The finishing works are ongoing on the project and are expected to be completed by the first quarter of 2025.

10 October 2024

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.

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 the third quarter of 2024, the construction works have been completed on the Containerized Diesel Power Plant.

02 May 2024

NEOM City: Oxagon: Utilities for Community Expansion: Construction works are progressing on the project.

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.

18 March 2024

Northern Cluster:Water and Food Innovation Hub: The project is completed.

27 February 2024

Green Ammonia Plant Complex: Electrolysis Plant:Ammonia Storage Tanks: Green Fuels Plant: The Construction works are ongoing on the project and are expected to be completed by the end of 2026.

22 January 2024

Oxagon: Undersea Utility Tunnel to Oxagon Village: The main contract bid submission is due by the end of February 2024.

23 November 2023

Transmission Pipeline From NEOM Industrial City To Gayal: Construction works are progressing on the project as per the schedule

18 October 2023

Oxagon: Highway 5 Improvement Additional Works : The main contract bids are still under evaluation.

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.

07 July 2023

NEOM City: Oxagon: Southern Cluster - Green Fuels Plant: The construction works are progressing and is expected to be completed by 2026.

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.

13 April 2023

Northern Cluster: Water and Food Innovation Hub: Construction works are progressing and are expected to be completed by the second quarter of 2023.

23 March 2023

Construction works are underway for NEOM City: Oxagon: Oxagon Village: Circular City

02 March 2023

NEOM Green Hydrogen Company - Green Fuels Plant: The green hydrogen project has received financing comprising of $5.85bn of senior debt and $475m of mezzanine debt facilities. (Source: MEED)

08 February 2023

Construction works are progressing as per schedule on the Northern Cluster project and the NICC: Connector South Civil Works project.

17 January 2023

Apicorp has agreed to provide senior debt to the NEOM City: Helios Green Fuels Project- Green Hydrogen project. (Source: MEED)

03 November 2022

Construction works are progressing well and are scheduled to complete by 2025.

02 August 2022

The construction works have progressed up to 62 per cent on Industrial and Commercial Buildings and it is expected to be complete by 2024.

07 March 2022

Water Transmission Pipeline: The main contract bid submission deadline has been extended from February 23, 2022, to March 31, 2022.

25 January 2022

Water Transmission Pipeline: The main contract bid submission deadline has been extended from January 23, 2022 to February 23, 2022. (Source: MEED)

02 December 2021

Construction works are progressing on the Industrial and Commercial Buildings project.

25 November 2021

Water and Food Innovation Hub (Area 3): Construction works are progressing on the project and time frame for completion is unknown at this juncture.

27 October 2021

Arabian Internet and Telecommunication Company (solutions) has been appointed as the main contractor for the Innovation Center package.

27 July 2021

There is no news regarding the main contract tender issue on the Air Separation Unit.

07 June 2021

Egis Group has been awarded the design contract, BIG is the lead consultant for master planning, architecture and landscaping works, Plan A Consultants is the Design Manager, Rider Levett Bucknall Llp is cost manager, WSP is engineering consultant, Atelier Ten is the sustainability and environment consultant, Delta Design is the specialist lighting consultant and Dezign Technic is the signage and wayfinding consultant on the project.

29 April 2021

Parsons has been awarded PMC contract for Neom Industrial City.

22 March 2021

Construction works are ongoing on the Industrial and Commercial Buildings package.

18 November 2020

PV Plant Site Preparatory works and enabling works package is cancelled and construction works have commenced for the Industrial and Commercial Buildings package.

14 October 2020

Red Sea International company has been awarded a US$14 million contract for the project. The scope of work covers the facility management, operations and maintenance services for the accommodation, offices and all supporting building amenities for the senior employees.

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.

14 June 2020

Construction works are yet to commence on PV Plant Site Preparatory works and enabling works package.

18 February 2020

Mofarreh M Al Harbi Est has been appointed as the main contractor and preliminary works have begin on PV Plant Site Preparation and Enabling Works.

28 January 2020

The main contract tender is not yet awarded for PV Plant Site preparation and enabling works.

09 December 2019

The main contract tender is not yet awarded for PV Plant Site preparation and enabling works.

31 October 2019

The main contract bids are still under evaluation for PV Plant Site preparation and enabling works.

29 July 2019

The main contract bids have been submitted for enabling works of the PV plant development on July 25, 2019.