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There are luxury smart homes and interior roads without cars, because they won’t be necessary. Everything is within a 20-minute walk. There are also fantastic mountain views, shopping centers, sports facilities, vacation spots and workplaces.
The Line is an approximately 160 kilometer (100 mile) strip that is to link the white Red Sea beaches to the mountains. Somewhat autonomous communities will be built along its length, or as the video puts it, there will be “modules” providing all of the residents’ needs. The anticipated cost of the Line is also fantastic – between $150 billion and $200 billion – out of a $500 billion total budget for Neom, an acronym combining the Latin prefix “neo” and Arabic “mustaqbal,” in other words, “new future.”
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Wednesday, 3 February, 2021 - 10:30
Economic opportunities will double the population growth of the Saudi capital, Riyadh, within a decade (Asharq Al-Awsat) Riyadh - Asharq Al-Awsat
The newly launched Riyadh Strategy is on track to generate mega projects, create job opportunities and expand the Saudi capital’s economic horizons, experts confirmed, stressing that this will allow for doubling the population within a decade.
Saudi Crown Prince Mohammed bin Salman has said “global economies are based on cities, not countries because cities are the main cornerstone of development.”
Speaking at the Future Investment Initiative in Riyadh, the Crown Prince revealed that the Saudi capital constitutes 50% of the Kingdom’s non-oil economy.