Phase 2 of the construction of OXAGON, a planned floating industrial city and port being developed as part of Saudi Arabia’s NEOM, will start this year.

OXAGON phase 2 Belgium-based DEME Group said it is gearing up for the second phase of OXAGON, which will house advanced and clean industries in NEOM. “We have made further progress on the dry earth moving activities in Saudi Arabia for the OXAGON phase 2 in preparation for cutter suction dredging work to start later this year,” the company said in the financial statement for the first half of 2025.

The purpose-built city will embed robotics, automation, artificial intelligence and internet of things. OXAGON will be powered by renewable energy, will adopt these NEOM practices so that manufacturers can operate more efficiently, sustainably and profitably.

Other notable projects in NEOM, such as the futuristic linear city THE LINE, ski village TROJENA, and ski village Sindalah, are also under various stages of construction.

Though the $500 billion NEOM was originally scheduled to be ready by 2030, in line with MBS’s Vision 2030, the mega-project has been marred by construction delays and cost overruns.

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