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OXAGON the £1.2tn megacity to reach major milestone as massive new port finally open


The highly anticipated launch of the Port of NEOM marks a significant step in Saudi Arabia's ambitious Vision 2030 plan, designed to diversify the economy and reduce its reliance on oil exports. The port, located in the futuristic £1.2tn mega-city of NEOM, is set to become a vital hub for international trade, promising to reshape the region's economic landscape.

Yet, the opening is not without controversy, as the project has had to be radically scaled back. Nevertheless, the massive development, stretching across 10,200 square miles, will combine cutting-edge technology with sustainability and innovation.

The port itself will play a central role in facilitating trade and commerce, connecting the Middle East, Asia, Europe, and Africa.

By leveraging advanced logistics and state-of-the-art infrastructure, NEOM aims to become a global trade centre, with high hopes of boosting Saudi Arabia's non-oil revenue.

Read the full story at MSN