Abdullah bin Amer Alswaha, Minister of Communications and Information Technology in Saudi Arabia discusses Neom and Vision 2030. He speaks with Manus Cranny on "Bloomberg Daybreak: Middle East."
NEOM has begun working from its brand new headquarters a move which will accelerate the pace of growth of the $500bn super project. More than 450 employees are now based at the new HQ, which is 170-kilometres from Tabuk. That number will increase to 700 by the end of the year.
For those unaware, NEOM is the hugely ambitious project based in Saudi Arabia that will see an area the size of Belgium developed to become a smart city. The ambitious project will hope to be a hub for international innovation and cooperation. The company will continue to have an office in Riyadh, but the real fun will be had from the new HQ.
Speaking about the move, NEOM CEO Nadhmi Al Nasr said “The relocation of our headquarters to NEOM is an important milestone in our journey and will act as a springboard for growth.”