Thursday , April 2 2020
Home / Video news / Saudi Arabia will spend $ 500 billion on the city of the future. Video

Saudi Arabia will spend $ 500 billion on the city of the future. Video

Саудовская Аравия потратит 500 млрд долларов на город будущего. ВидеоThe project was named NEOM.

The crown Prince of Saudi Arabia Mohammed Ibn Salman al Saud announced plans to build a new innovation city on the red sea coast at a cost of 500 000 000 000 dollars.

The project is called NEOM, it will operate independently from the existing state structure.

Construction to invest the government of Saudi Arabia investment Fund of the Kingdom’s Public Investment Fund and local and international private investors.

See also:  The Americans figured out how to get rid of bad memories. Video

The ambitious plan involves cities, which will connect the shores of the red sea, will bring together future city with Egypt and the rest of Africa. Under construction the city allocated 25, 900 square km area, which extends to Jordan and Egypt.

It is reported that to manage the construction of the city will be the former head of Siemens and Alcoa Klaus Kleinfeld.

See also:  The popular Ukrainian duet saddened by the unexpected news. Video

NEOM may be the world’s first independent special area.

© 2017 – 2019, All rights reserved.

Check Also

Fighters of “Azov” destroyed the headquarters of militants near Novoluganskoe. Video

The attack was on a building on which was erected the Russian flag. Fighters the …

Leave a Reply

Your email address will not be published. Required fields are marked *