Saudi Arabia’s NEOM Gigaproject is Using 20% of The World’s Steel
Saudi Arabia’s $1 Trillion worth gigaproject, NEOM, is using a whopping 20% of the world’s steel for its massive construction.
October 27, 2024
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Saudi Arabia’s $1 Trillion worth gigaproject, NEOM, is using a whopping 20% of the world’s steel for its massive construction.
Raffles Hotels & Resorts, Accor’s leading luxury brand, is set to debut in Trojena, the all-year-round mountain destination in NEOM.
NEOM has awarded Webuild a $4.7 Billion contract to construct 3 dams at the Trojena Mountain resort in Saudi Arabia to create a 2.8km freshwater lake that will form the Centerpiece of the attraction.
NEOM is an ambitious vision of the future brought to life by Saudi Arabia. NEOM is a $500 billion project to revolutionize lifestyles and work patterns. Funded by Saudi Arabia’s Public Investment Fund (The PIF), which has assets under management in the region of $800 billion.
Saudi Arabia’s NEOM reveals significant progress on TROJENA, a remarkable all-year-round snow resort in Tabuk’s region’s highest mountain range. TROJENA is NEOM’s first-ever sub-zero snow destination and all-year-round outdoor ski resort.
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