Crown Prince unveils establishment of NEOM’s OXAGON

Crown Prince Mohammed bin Salman 

Crown Prince Mohammed bin Salman, Chairman of NEOM, announced the establishment of NEOM Industrial City (OXAGON), which represents another step in NEOM’s masterplan. It aims to provide a new model for future manufacturing centers, as part of NEOM’s strategy.

OXAGON is designed to be the largest floating industrial complex in the world.

“OXAGON will be the catalyst for economic growth and diversity in NEOM and the Kingdom, further meeting our ambitions under Vision 2030. OXAGON will contribute to redefining the world’s approach to industrial development in the future, and protect the environment while creating jobs and growth for NEOM,” the Crown Prince said.

It will contribute to Saudi Arabia’s regional trade and commerce, and support creating a new focal point for global trade flows.

“I am pleased to see that business and development have started on the ground and we look forward to the city’s rapid expansion,” the Crown Prince said in his announcement.

On the other hand, Nadhmi Al-Nasr, CEO of NEOM, said: “Through OXAGON, there will be a fundamental shift in how the world views manufacturing centers. What encourages us is to see the enthusiasm of a number of our partners who have shown eagerness to start their projects in OXAGON. These pioneers of change will establish factories, developed with the latest technologies in artificial intelligence, to achieve a significant leap for this era into the Fourth Industrial Revolution. As with THE LINE, OXAGON will be a comprehensive cognitive city that provides exceptional livability for its residents.”

OXAGON will establish the world’s first fully integrated port and supply chain ecosystem for NEOM. The port, logistics and rail delivery facility will be unified, providing world-class productivity levels with net-zero carbon emissions, setting global benchmarks in the adoption of technology and environmental sustainability.

At OXAGON’s core will be the adoption of the most advanced technologies such as Internet of Things (IoT), human-machine fusion, artificial and predictive intelligence, and robotics, all of which are coupled to a network of fully automated distribution centers and autonomous last-mile delivery assets to drive NEOM’s ambitions of creating a seamless integrated, intelligent and efficient supply chain.

The net-zero city will be powered by 100% clean energy and will become a focal point for industry leaders who want to pioneer change to create the advanced and clean factories of the future.

Many of the features of THE LINE that offer exceptional livability are reflected in the urban landscape of OXAGON. Communities will be walkable, or via hydrogen-powered mobility.

Sustainable industry will be built around the communities, minimizing commute time and providing exceptional livability with nature seamlessly integrated into the urban environment.

OXAGON will innovate to create a truly circular economy with a collaborative environment built around research and innovation. OXAGON’s innovation campus will host the Education, Research and Innovation (ERI) ecosystem to rival established global centers. 

Development of OXAGON is well under way and designs are in progress for the large manufacturing facilities. These facilities include the world’s largest green hydrogen project involving Air Products, ACWA Power and NEOM in a tripartite venture; the world's largest and most advanced modular building construction factory with Gulf Modular International; and the largest hyperscale data center in the region, a joint venture between FAS Energy and NEOM.