NEOM on the Future of Business

The video explains Neum, a region in northwest Saudi Arabia, highlighting its strategic location and global opportunities. Neum aims to redefine sustainability, livability, and business growth, powered by 100% renewable energy. The progress includes launching regions like The Line and Oxagon, focusing on urban design and industrial innovation. By 2030, Neum targets a population of 1 million and significant economic contributions. The 2023 priorities include achieving strict goals, building partnerships, and ensuring timely delivery of projects.

What is the strategic significance of Neum's location?

• It is near the Red Sea, where 13% of world trade passes.

• It is the largest city in Saudi Arabia.

• It is a major hub for global air travel.

• It is located in the center of Saudi Arabia.

How does Neum plan to achieve sustainability?

• By being powered entirely by renewable energy.

• By importing energy from neighboring countries.

• By relying on fossil fuels.

• By using 50% renewable energy.

What is the purpose of The Line in Neum?

• To serve as a traditional city with horizontal expansion.

• To be a vertical city with all amenities within walking distance.

• To be a financial district.

• To be a tourist attraction with no residential areas.

What is Oxagon's role in Neum?

• It is a historical site.

• It is a residential area.

• It is an industrial city focused on innovation and green technology.

• It is a shopping district.

Which event is Trojena expected to host?

• The Summer Olympics

• The Asian Winter Olympics

• The Expo 2025

• The World Cup

What is a key focus for Neum in 2023?

• Focusing solely on tourism.

• Building partnerships to achieve its goals.

• Reducing its population.

• Expanding its geographical area.

By 2030, what is one of Neum's population goals?

• To have a population of 3 million.

• To have a population of 2 million.

• To have a population of 1 million.

• To have a population of 500,000.