NEOM an independent economic zone of Saudi Arabia, received its first flight on Thursday with 130 passengers on board. The passengers who travelled to NEOM are the people involved in the development of the megacity project. NEOM’s CEO Nadhmi Al-Nasr wanted the team to know and understand the project not only in theory but also to practically explore its beauty while it is transforming and evolving every day.
Al-Nasr said: “We wanted our employees to experience the project which they have been working on to make a success since its inception last year.”
The employees flew to to NEOM on two Saudi Airbus A320 planes. The employees gathered near NEOM Bay was chosen for Thursday’s meeting. It is said that NEOM bay would be the first area to be developed in the project.
Saudi Airlines’ director general, Saleh Al-Jasser said, “We are happy to present this unique opportunity to NEOM employees to visit the location and explore its cultural characteristics and rich environment. We strongly believe in this ambitious project and hope that this flight serves as the start of a long-term and prosperous partnership with NEOM and its great opportunities that will support Saudi Vision 2030.”
NEOM, which is located in northwest part of Saudi Arabia is $500 billion megacity project backed by Kingdom’s Public Investment Fund. The urban centre in making would have an independent economy which will solely be based on renewable source of energy and would have its own laws and regulations.
Project planners have identified 16 economic sectors which would support the economy and eventually generate an estimated annual income of $100 billion. There is also a plan to establish a network of airports in NEOM that will include an international airport with world-class standards.
It is the Kingdom’s key sustainable project which is believed to redefine the future and economy of the region. With it Riyadh is trying to diversify its economy.