OXAGON in Saudi Arabia, World’s Largest Floating Industrial Complex

Crown Prince Mohammed bin Salman on Tuesday announced the launch of NEOM’s industrial city in Saudi Arabia (KSA). This industrial city is named as OXAGON and will be the World’s largest floating industrial complex as per Saudi Arabia News

NEOM is located on the Red Sea near the Suez Canal, the present-day port of Duba, which is now part of OXAGON.

Approximately 13% of global trade passes through the Red Sea & OXAGON is positioned to be one of the world’s most technologically advanced logistics hubs with state-of-the-art integrated port and airport connectivity.

OXAGON is the industrial city reimagined – a place that provides everything your business needs to push beyond traditional boundaries.@NEOMOXAGON#NEOM #OXAGON pic.twitter.com/IbpEgSkEKi

— NEOM (@NEOM) November 16, 2021

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, protecting the environment while creating jobs and growth for NEOM. It will contribute to Saudi Arabia’s regional trade and commerce and support creating a new focal point for global trade flows. This new city, built around innovative new industries, has started its development and we look forward to the city’s rapid expansion.

The Crown Prince said in his announcement, “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, protecting the environment while creating jobs and growth for NEOM.

Why OXAGON?

• World’s
• High-speed rail to THE LINE and NEOM airport
• Largest cruise terminal in the Red Sea
• 13% of global trade passes through via the Suez Canal
• 40% of the world accessible within a four-hour flight
• 5 min walk to the beach and nature spots