Top global oil exporter Saudi Arabia launches car-free city
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[RIYADH] Saudi Arabia, the world's top crude exporter, announced Sunday the launch of an eco-city "with zero cars, zero streets and zero carbon emissions" at its futuristic NEOM mega development.
The US$500 billion NEOM project, set to be built from scratch along the kingdom's picturesque Red Sea coast, is billed as a development evocative of a sci-fi blockbuster.
Crown Prince Mohammed bin Salman unveiled plans for a city, dubbed "THE LINE", in a presentation broadcast on state TV.
It consists of "a city of a million residents with a length of 170 kilometre that preserves 95 per cent of nature within NEOM, with zero cars, zero streets and zero carbon emissions," he said.
"We need to transform the concept of a conventional city into that of a futuristic one," added the de facto leader of the Arab world's leading economy, regularly ranked among the world's most polluting countries.
Prince Mohammed showed computer-generated images of "THE LINE" as well as landscapes of pristine deserts and blue seas.
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
The pedestrian city will have services such as schools, health centres and green spaces, as well as high-speed public transportation, with no journey expected to take more than 20 minutes, according to a NEOM statement.
Artificial intelligence will play a key role in the city, the statement said, adding that "it will be powered by 100 per cent clean energy, providing pollution-free, healthier and more sustainable environments for residents".
Construction of the city will begin in the first quarter of this year, with funding from the Public Investment Fund, the main vehicle through which the kingdom is diversifying its economy beyond oil.
The project is slated to create 380,000 jobs and contribute 180 billion riyals (S$63.6 billion) to the kingdom's GDP by 2030, the NEOM statement said.
AFP
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore