NEOM — NEOM, the groundbreaking development project in northwest Saudi Arabia, has hosted representatives from 52 global, regional, and local financial institutions.
This significant gathering underscored the extensive and ongoing construction across its flagship projects including THE LINE, Oxagon, Trojena, and the imminent luxury destination Sindalah.
Participants, drawn from 24 international banks from countries like Germany, Spain, France, England, the United States, China, Japan, and South Korea, alongside 13 regional banks from Qatar, Kuwait, and the UAE, and 15 Saudi financial institutions, were given a firsthand view of the investment potentials and sustainable initiatives driving NEOM’s development.
The visit included detailed presentations and focus sessions led by NEOM’s top executives, aiming to forge strategic partnerships that align with the development’s Environmental, Social, and Governance (ESG) commitments.
Nadhmi Al-Nasr, CEO of NEOM, expressed his enthusiasm about the opportunities NEOM presents to the global investment community, highlighting recent achievements such as the largest public-private partnership for accommodation worth over SR21 billion, and a SR37.5 billion logistics services joint venture with DSV. — SG
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