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U.S. engineering firm Aecom will manage the development of Neom Bay, part of a $500 billion mega city on Saudi Arabia’s Red Sea coast [...]
The kingdom’s sovereign wealth fund, the Public Investment Fund, is spearheading plans to develop Neom, a futuristic city being built from scratch, as part of the government’s plans to cut its reliance on oil and attract foreign investment.
— Bloomberg
Intentions for the planned Neom megacity were first announced by Saudi Crown Prince Mohammed bin Salman in 2017, but Saudi Arabia's suspected involvement in the death of Washington Post journalist Jamal Khashoggi a year later caused international outrage and prominent international figures on the... View full entry
Norman Foster has temporarily stepped back from his role on the board overseeing the planning of a $500 billion mega-city in Saudi Arabia as questions mount over the death of journalist Jamal Khashoggi
The international community is demanding answers over what happened to the Washington Post writer following his recent disappearance inside the Saudi Arabian consulate in Istanbul.
— Architects' Journal
Norman Foster is one of several 'global experts' who were announced as members on the global advisory board for the planned $500-billion NEOM mega-city project in the Saudi Arabian desert earlier this month but have distanced themselves from the appointment since the reported death of WaPo... View full entry
Saudi Crown Prince Mohammed bin Salman announced plans to build a new city on the Red Sea coast, promising a lifestyle not available in today’s Saudi Arabia as he seeks to remake the kingdom in a time of dwindling resources.
The prince said the city project, to be called “NEOM,” will operate independently from the “existing governmental framework” with investors consulted at every step during development. The project will be backed by more than $500 billion from the Saudi government [...].
— Bloomberg
The project is ambitious with a capital A: besides the mere challenge of building a new mega city in currently undeveloped desert terrain, the Saudi Crown Prince also envisions a new kind of society for NEOM — likely modeled on the 'free zone' concept that made Dubai flourish — whose "new way... View full entry