NEOM is Saudi Arabia’s futuristic megacity, a key part of Vision 2030, aimed at economic diversification and sustainability. The project includes The Line, Oxagon, Trojena, and Sindalah, each representing a unique aspect of innovation, luxury, and green technology.
Here’s the latest on NEOM progress, including cost estimates, construction updates, and investment insights.
1. The Line – A Revolutionary Linear City
The Line is designed as a 170-km-long, car-free city, accommodating 9 million residents. With a mirrored exterior and AI-driven infrastructure, this city redefines urban living.
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Latest Updates (2025):
- Construction: Work started in late 2022, but only 2.4 km is expected to be completed by 2030.
- Population Goal Adjustments: Originally planned for 1.5 million residents by 2030, but revised downwards to 300,000.
- Estimated Costs: Between $100 billion and $1 trillion.
Key Features:
✔️ No cars or roads – Fully pedestrianized
✔️ AI-powered city – Smart automation everywhere
✔️ 100% renewable energy – Focus on sustainability
2. Oxagon – The Floating Industrial Hub
Oxagon is planned to be the world’s largest floating industrial city, serving as a high-tech logistics and trade center.
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Latest Updates (2025):
- Design: An octagonal floating city with ports, AI-driven warehouses, and sustainable industries.
- Investment Details: The exact cost is undisclosed, but it’s a core part of NEOM infrastructure strategy.
- Expected Completion: Construction is underway, with partial operation targeted for late 2025-2026.
✔️ World’s largest floating structure
✔️ Strategic location on the Red Sea
✔️ Focus on clean energy and automation
3. Trojena – Saudi Arabia First Ski Resort
Trojena is a mountain resort bringing outdoor skiing to the desert. It will host the 2029 Asian Winter Games.
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Latest Updates (2025):
- Construction Progress: Infrastructure development is ongoing, aiming for a 2026 opening.
- Features:
- Artificial freshwater lake
- Luxury hotels and entertainment hubs
- Winter sports and adventure tourism
✔️ First-ever ski resort in the Gulf region
✔️ High-altitude luxury accommodations
✔️ Targeted at high-end tourism and sports events
4. Sindalah – NEOM First Luxury Island
Sindalah is the first project in NEOM to open. It’s a luxury island resort designed for high-end tourism and marine activities.
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Latest Updates (2025):
- Opened in Late 2024
- Features:
- High-end resorts & private villas
- Marinas for yachts & boats
- Diving and water sports attractions
✔️ Premium tourism destination
✔️ Fully operational as of 2024
✔️ Part of Saudi’s luxury tourism push
5. NEOM Financial and Investment Overview
Total Investment in NEOM (2025):
💰 $28.7 billion invested so far
💰 Projected final cost: $500 billion – $1.5 trillion
Challenges and Adjustments:
⚠️ Scaling down of initial plans due to rising costs
⚠️ Leadership change – Aimen Al-Mudaifer replaced Nadhmi Al-Nasr in late 2024
⚠️ Funding concerns – Saudi Arabia is increasing external investments
Conclusion: What’s Next for NEOM?
NEOM remains one of the most ambitious projects globally, aiming to redefine future cities, industrial hubs, and luxury tourism. While some elements, like Sindalah, are already operational, others, such as The Line, are facing delays and budget revisions.
🔥 Despite challenges, NEOM is shaping up to be a global innovation hub.
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