JEDDAH, Saudi Arabia : The zero-carbon city that Saudi Arabia plans to blueprint at NEOM will vertically layer properties, areas of work, public parks and schools internal a mirrored facade stretching over 170 km (150 miles), the crown prince acknowledged on Monday in remarks carried by mumble media.
Crown Prince Mohammed bin Salman first unveiled plans for “The Line” in January 2021, the important thing critical construction mission for the $500 billon NEOM industry zone aimed at diversifying the economic system of the arena’s high oil exporter.
The city, 200 metres wide and working on “100 per cent renewable energy,” will even encompass a excessive-speed rail with an discontinue-to-discontinue transit of 20 minutes. This would probably probably in the end accommodate 9 million residents, mumble news agency SPA cited him as announcing.
“The city’s vertically layered communities will project the ragged flat, horizontal cities,” the prince acknowledged. “The designs of The Line embody how city communities will probably be in due route in an ambiance free from roads, vehicles and emissions.”
The prince had acknowledged closing year that the mission’s infrastructure would cost $100 billion to $200 billion. SPA did no longer present any updated figures.
The dominion’s sovereign wealth fund, the Public Investment Fund, is the cornerstone investor in NEOM, a 26,500-sq.-km (10,230-sq.-mile) excessive-tech trend on the Red Sea with several zones, including an industrial and logistics areas, deliberate for completion in 2025.