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Yes, you can read it here: https://www.neom.com/en-us/newsroom/kerten-hospitality-operate-oxagon-residence
Oxagon, NEOM’s industrial city, is shaping up to become a revolutionary hub for innovation, sustainability, and global trade. Strategically located on the Red Sea near major shipping lanes, Oxagon’s NEOM Port is set to transform the way goods are transported and processed between Europe and Asia, further solidifying its importance as a global trade gateway.
Oxagon is entirely powered by renewable energy, creating a clean industrial environment for manufacturers to meet their net-zero goals. With over 13% of global trade passing through the nearby Suez Canal annually, Oxagon’s location enhances its role as a critical link between continents. The Oxagon Hive community exemplifies sustainability by reusing 100% of excavated materials and integrating recycled port facilities into new developments. By 2026, Oxagon will be home to the world’s largest green hydrogen plant, capable of producing up to 600 metric tons of carbon-free hydrogen daily, marking a significant step toward sustainable energy solutions.“Our focus is on developing seven industrial zones, along with vibrant urban areas that stimulate economic growth through retail and hospitality,” Wanchoo stated. He emphasized Oxagon’s role in making Saudi Arabia a regional hub for imports and exports through the advanced NEOM Port on the Red Sea, connecting global trade routes.
Oxagon’s focus on cutting-edge technologies such as AI, robotics, and sustainable manufacturing aligns with Saudi Vision 2030. This initiative aims to attract global investors, boost economic diversification, and position Saudi Arabia as a leader in innovation and trade.
Source: Asharq Al-Awsat, https://english.aawsat.com/business/5097015-oxagon-ceo-neom-port-redefine-global-trade
Neom Oxagon
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