Saudia Arabia’s Futuristic City is being built.
This is a great opportunity for startups to claim their domain names in time for the opening of this magnificent project. The first phase of construction of the $500bn futuristic city has been built with the second phase to be announced by the end of this year.
The first phase of the giant project covered economic planning and strategy, funding and the roadmap of the development, whilst phase two will announce detailed plans for Neom’s 16 economic sectors and regions, which is planned to be completed by the end of the year.
Crown Prince Mohammed bin Salman announced in 2017 that the project would be built on the Red Sea coast, which comprises a 26,500km² area in the far north-west of Saudi Arabia.
Neom, aims to be the largest global model in every sector focusing on advanced spheres and technologies powered by robots and generated solely by solar and wind energy.
The name is short for Latin-Arabic term Neo-Mustaqbal, which means “new future”.
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