Thursday 2 December 2021

#Saudi crown prince showcases $500 billion ‘smart city’ plan | Evening Standard

Saudi crown prince showcases $500 billion ‘smart city’ plan | Evening Standard

A global roadshow to promote investment opportunities in a planned $500 billion (£376 billion) megacity in Saudi Arabia called Neom has kicked off with a major conference in London.

The inaugural Discover Neom event was held at Spencer House in St James’s Place and attended by about 250 guests, including City grandee Baroness Morrissey, former culture minister Lord Vaizey, and TV adventurer Bear Grylls.

They heard from Neom executives and British business leaders about the potential opportunities for UK investors, contractors and other partners.

Neom is the flagship project in the ambitious Vision 2030 plan led by Saudi Crown Prince Mohammad bin Salman to transform the economy of the oil and gas rich kingdom.

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