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Saudi NEOM, Jordan seek cooperation to run projects across vital sectors

The Saudi Arabian planned city NEOM is seeking cooperation with Jordan to propel the advancement of economically feasible projects across vital sectors, the Jordanian agency Petra reported.  The news comes following a visit by NEOM Co.'s CEO Nahdmi Al-Nasr to Jordan's Prime Minister. The meeting was attended by officials from Public Investment Fund of Saudi Arabia and NEOM's executives.

This will follow further research from the concerned ministers in Saudi Arabia and Jordan along with officials of NEOM regarding the scope and economic feasibility of the projects.  Established in 2019 and owned by the Saudi Public Investment Fund, NEOM Co. aims to develop the relevant area residing northwest of the Kingdom.  

For his part, the CEO of NEOM said that the company is interested in "serious and real cooperation" with Jordan to launch feasible projects in many vital sectors.  Talks during the meeting focused on the prospects for launching projects and partnerships that will benefit both sides in vital and strategic sectors, especially the desalination of Red Sea water.

Read the full story at Arab News and Ammon