NEOM - Oxagon
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The NEOM company says the megacity will also seek outside investors for the project, which is projected to contribute $48 billion to the Kingdom’s gross domestic product by 2030.

July — NEOM company received tunnel work pre-qualifications for the China Railway Construction Corp. to operate.

September — NEOM invited bids for the construction of 31 km of tunnels. This project is a part of the infrastructure backbone of THE LINE and the deadline for bids is Dec. 30, according to GlobalData’s MEED.

October — NEOM announced technology firm Oracle as the first tenant of its hyper-scale data centre in the megacity. The data center will be based at the meeting point between terrestrial and sub-sea cable cables, allowing it to provide customers with fast and reliable connectivity.

November — the crown prince announced the launch of OXAGON, a floating, eight-sided city, set to be the largest floating industrial complex in the world.

Source: https://www.arabnews.com/node/1999681/business-economy.

World's largest floating industrial complex to be built on NEOM!

Crown Prince Muhammad Bin Salman, Chairman of the NEOM Company Board of Directors, Tuesday announced the establishment of OXAGON, forming the next phase of NEOM’s master plan and representing a radical new model for future manufacturing centers, based on NEOM’s strategies of redefining the way humanity lives and works in the future.

On the occasion of the announcement on the establishment of the city, The Crown Prince said: “OXAGON will be the catalyst for economic growth and diversity in NEOM and the Kingdom, further meeting our ambitions under Vision 2030.

“OXAGON will contribute to redefining the world’s approach to industrial development in the future, protecting the environment while creating jobs and growth for NEOM.

“It will contribute to Saudi Arabia’s regional trade and commerce, and support creating a new focal point for global trade flows. I am pleased to see that business and development have started on the ground and we look forward to the city’s rapid expansion.”

NEOM CEO Nadhmi Al-Nasr said: “Through OXAGON, there will be a fundamental shift in how the world views manufacturing centers. What encourages us is to see the enthusiasm of a number of our partners who have shown eagerness to start their projects in OXAGON.

Source: https://saudigazette.com.sa/article/613661/SAUDI-ARABIA/Crown-Prince-announces-establishment-of-OXAGON-largest-floating-industrial-complex-in-the-world and https://www.dailymail.co.uk/news/article-10231033/Saudi-Arabia-announces-plans-build-eight-sided-city-float-Red-Sea.html#v-693585086199056939

Neom Groundworks, there is so much going on - this is the site for Neom Industrial City.

Status: Announced