Saudi Crown Prince Mohammed bin Salman’s dream project smart city ‘Neum’, is still under construction but has attracted the attention of a large number of foreigners.
According to foreign media reports, this city of dreams will be home to 9 million residents. Under this project, two skyscraper projects ‘The Line’ and ‘Mirror Line’ equipped with all facilities are being established in the desert and hilly areas.
According to media reports, global property consultancy Knight Frank’s inaugural Destination Saudi report states that nearly one-third of expatriates living in Saudi Arabia are interested in buying a home in Neom, the trillion-dollar megacity. This mega futuristic project is emerging as the best choice for expats. Neom has surpassed multi-billion dollar projects such as Jeddah Central and King Salman Park.
According to the survey report, 42 percent of expatriates living in Saudi Arabia for more than a decade have expressed interest in the 170-kilometer long, horizontal city of the Smart City, Neom, known as The Line.
It should be noted that Prince Mohammed bin Salman’s plan to expand the Saudi economy in various sectors was announced in 2017 and an area of 10,000 square miles was allocated in the remote northwestern region of Saudi Arabia for this project. was
According to media reports, initially one million people will be able to live here, while by 2030, the population will reach 1.2 million and by 2045, it will reach 9 million.
In this modern style city, it has been taken care that the residents will have all the necessities of life easily available just five minutes away, while the public transport system here will also be so efficient that all the residents can reach one of the city in just 20 minutes. Can travel from corner to corner easily. The city will depend entirely on renewable energy. Under this plan, more than 380,000 jobs will be created for 1.2 million residents by the end of 2030, which will further increase the interest of buyers. .
