A snap shot of the construction process of NEOM. Courtesy of NEOM website.
The contract entails developing the port of NEOM’s container terminal 1 (T1) and the marine service area (MSA), covering the design and construction of all buildings and the infrastructure and entrance zone to the new terminal, set to open in 2025, according to the statement.
The port of NEOM is a crucial maritime hub on the Red Sea, offering many services including containers, general cargo, bulk, and roll-on/roll-off ferry services. Its strategic location provides global and regional connectivity, thus bolstering Saudi Arabia’s maritime and economic vision.
Additionally, the port plays a crucial role in importing the goods and materials necessary for NEOM's construction phase. NEOM is a smart urban area built by Saudi Arabia in Tabuk.
This project aligns with Saudi Arabia’s Vision 2030, which targets economic diversification, tourism growth, and innovation.
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