Linklaters is advising NEOM on the procurement and development of its residential communities’ project, a social infrastructure project that will house the growing workforce of the region taking shape in northwest Saudi Arabia. NEOM has finalised contracts with investors for the first phase of its residential communities’ expansion with the agreement amounting to a total value of SAR 21bn, making it one of the largest international public-private partnerships for accommodation.

The Linklaters team comprises Partner and Middle East Head of Energy & Infrastructure Matt Keats, managing associates Jack Allen-Fitt and Jonathan Vick, and associate Dmitry Gorchakov, amongst others. Karim Wali of Khoshaim & Associates (K&A) also provided support in relation to certain Saudi law matters.

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