Making its debut in this year’s Power 100 list, Saudi Arabia gigaproject NEOM is being head up by chief executive officer Nadhmi Al-Nasr where Phase 1 of the futuristic development was completed in July 2019.

Since the completion of Phase 1 of the Public Investment Fund-backed project, Al-Nasr has ramped up activities across the $500bn development.

NEOM signed investment contracts with two leading national investors in Al-Tamimi Group & SATCO to build and operate a construction village to house 30,000 workers, and then expand the construction village to accommodate 100,000 residents.

Read more at Construction Week