Prince Mohammed bin Salman: “Oxygen” will be a catalyst for economic growth and diversification in NEOM in particular and the Kingdom in general, which will meet our ambitions to achieve the goals of Vision 2030.. It will contribute to redefining the world’s orientation towards industrial development in the future..

NEOM - His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, the Crown Prince and Chairman of the Board of Directors of NEOM, announced the establishment of the NEOM Industrial City “Oxygon”, which constitutes another step within the NEOM master plan, and aims to provide a new model for future manufacturing centers in accordance with NEOM’s strategy represented in Redefining the way humanity lives and works in the future.

His Highness said in a statement on the occasion of the announcement of the establishment of the city: “The Oksagon Industrial City will be a catalyst for economic growth and diversification in NEOM in particular and the Kingdom in general, which meets our ambitions to achieve the goals of Vision 2030.”

His Highness added, “NEOM Industrial City will contribute to redefining the world’s orientation towards industrial development in the future, along with its contribution to protecting the environment, creating new job opportunities and achieving growth. Oxagon will also participate in supporting the Kingdom in the field of regional trade, in addition to supporting global trade flows in the region.

His Highness concluded by saying: “I am pleased to see development and business have already begun on the land of the industrial city, and I look forward to seeing its rapid expansion.”

For his part, the CEO of NEOM, Eng. Nazmi Al-Nasr, said: “Through Oxagon, the world will witness a radical transformation in its vision of manufacturing centers, and what encourages us more is the enthusiasm of a number of partners who expressed their eagerness to start their projects in Oxagon. These are the pioneers of The change that will establish factories enhanced by the latest artificial intelligence technologies to achieve a qualitative leap for this era of the Fourth Industrial Revolution, and in the footsteps of The Line, Oxagon will work to complete the project’s stages to be a comprehensive cognitive and knowledge city that provides an exceptional life for its residents.”

Oxagon occupies a large area in the southwest corner of NEOM, and the basic urban environment is centered around the integrated port and logistics center that will house the majority of the industrial city’s population. To support NEOM’s approach to preserving 95% of the natural environment, the city also constitutes the largest floating structure in the world and is a center for NEOM’s development of the “blue economy” by relying on the seas to achieve sustainable development, which reflects NEOM’s focus on creative and innovative development.

NEOM Industrial City “Oxagon” is based on the same philosophy and concepts of “The Line” communities that were launched in January 2021, as it will provide an exceptional possibility of living harmonious with nature, through an ideal location on the Red Sea near the Suez Canal, through which approximately With 13% of global trade, the city will be one of the most technologically advanced logistics centers in the world with a state-of-the-art integrated port and airport connection.

Through the “Oxagon” industrial city, NEOM will feature the world’s first integrated supply chain and port ecosystem, where the operation of port, logistics and rail delivery facilities will be standardized, providing global productivity levels with zero carbon emissions, and integrated physical and digital supply chain and logistics will allow safe delivery On time, ensuring efficiency and cost effectiveness for industry partners.

The industrial city of Oksagon relies on the most advanced technologies such as: Internet of Things (IoT), human-machine interaction, artificial intelligence, predictability, and robotics, all coupled with a network of fully automated and independent distribution centers serving NEOM’s ambitions to create an integrated and intelligent supply chain. And effective.

The industrial city of NEOM is a center for clean and advanced industries, where net zero emissions, through working with 100% clean energy, will become a focal point for industry leaders who want to lead change to create advanced and clean factories in the future.

At the same time, the industrial development of the city is based on seven sectors, with continuous care for innovation and new technology that creates a vital base for these industries. These industries center on sustainable energy, independent mobility, innovation of water solutions, sustainable food production, health and well-being, technology and manufacturing. digital (including communications, space technology, and robotics), modern construction methods; They are all powered by 100% renewable energy.

Many of the features of The Line that provide exceptional livability in the urban landscape will be reflected in the industrial city, where exceptional luxury is embodied by designing communities and allocating them for walking, or mobility by relying on environmentally friendly hydrogen energy as a biofuel that feeds transportation and transportation systems. Building sustainable industry around communities to reduce commute time and provide exceptional living while seamlessly integrating nature into the urban environment.

The industrial city also aims to create a true circular economy with a collaborative environment based on research and innovation. The city will embrace the education, research and innovation (ERI) ecosystem to compete with existing global centers. The industrial city is also being developed in a distinctive way, with designs for large manufacturing facilities, including the largest green hydrogen project in Scientist that includes Air Products, ACWA Power, and NEOM in a three-way joint venture; As well as the world’s largest and most advanced modular building plant with Gulf Modular International, as well as the largest hyperscale data center in the region, a joint venture between NEOM and FAS Energy.

With best-in-class regulatory standards and extensive support, the industrial city is set to grow rapidly, welcoming industrialists, investors and business owners at the beginning of 2022.