Saudi Arabia’s giga-project NEOM is set to advance following its inaugural steering committee meeting with the Ministry of Investment. The meeting focused on approving strategic directions, reviewing plans, and exploring funding opportunities.

Saudi Investment Minister Khalid Al-Falih, who conducted a field tour of NEOM, met with CEO Nadhmi Al-Nasr to strengthen their strategic partnership. The visit included key projects within the futuristic city — OXAGON, Sindalah Island, THE LINE, Shousha Island, and TROJENA — providing insights into current developments and future investment prospects, as stated by Al-Falih on X.

Earlier this month, NEOM achieved a significant milestone by completing the construction phases of its underground parking and light rail systems, marking progress in its ambitious zero-carbon initiative.

During his visit, the minister engaged in detailed discussions with NEOM officials about the “rapid progress” of these projects and the high professional standards guiding them. The discussions also centered on promoting and developing investments in these initiatives, highlighting the unique investment opportunities they offer.

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