NEOM planning up to six more projects within the next 3 years, in addition to The Line: CEO

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Tue, 2021-01-12 22:44

NEOM is planning to launch five to six projects for resort development within the city, in parallel with THE LINE, CNBC Arabia reported, citing NEOM CEO Nazmi Al Nasr.

The urban planning and development of all projects started, Al Nasr explained, adding that more details will be announced upon completion of each site plans.

Some of these resorts will open after three years, he added.

The most important step for the company in the past three years was to develop all strategies and get the board of directors’ approval.

In October 2017, the Crown Prince announced the launch of a new investment city, NEOM, in northwest Saudi Arabia, at a total investment of $500 billion. (NEOM/Gary Cummins)
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