The ‘smart’ metropolis in Tabuk Province is just north of the Red Sea and will cover a total area of 26,500 sq km, more than 35 times the area of Singapore.
Saudi Arabia announced on Wednesday that its new Port of NEOM, located in Oxagon, the NEOM giga project’s advanced and clean industries cluster, is open for business.
The port, which is being transformed into the primary seaport of entry to the northwest of Saudi Arabia, was earlier known as Duba Port, according to a press statement issued by NEOM.
Duba Port’s management was transferred from national maritime regulator Mawani to NEOM in 2022.
Nadhmi Al Nasr, Chief Executive Officer, NEOM said the ambition is to build one of the world’s most technologically advanced, efficient and sustainable ports with the first fully integrated and automated supply chain and logistics network.
“Our investment to date of over 7.5 billion Saudi riyals ($2 billion) and our intention to open the first advanced terminal in 2025 demonstrates our commitment to the vision.”
Sean Kelly, Managing Director – Port of NEOM added that the Port will serve giga project’s development phase while becoming a global port serving the region.
Source: www.zawya.com
