Business Chief US and Canada January 2023 | Page 15

Nov-Dec 2021
Feb-Mar 2022
Aug-Oct 2022
Oxagon – floating industrial city
TIMELINE
Trojena , the mountain resort
Nov-Dec 2021
Launch of NEOM ’ s industrial hub Oxagon , the world ’ s largest floating industrial complex . Located on the Red Sea close to the Suez Canal , it will establish the world ’ s first fully integrated port and supply chain ecosystem for NEOM City . The port , logistics , and rail delivery facility will be unified , providing world-class productivity levels with netzero carbon emissions , and setting global benchmarks in technology and sustainability . NEOM and urban air mobility pioneer Velocopter , partner on designing and operating the world ’ s first bespoke public electric Vertical Take-Off and Landing mobility system – in the city .
Feb-Mar 2022
Launch of the Trojena Mega Tourism Project , a mountain tourism destination to be completed by 2026 . Trojena will include wellness resorts , retail stores , restaurants , ski village , nature reserve , and family resort , and will offer outdoor skiing , watersports and festivals . It will create 10,000 + jobs , attract 7,000 residents and 700,000 visitors by 2030 . NEOM launches two subsidiaries : Tonomus is developing world-changing cognitive technologies ; while ENOWA will lead development of NEOM ’ s world-class , sustainable energy and water systems , including construction of a US $ 5bn Green Hydrogen plant – to sell and export carbon-free hydrogen by 2026 .
Aug-Oct 2022
Designs for The Line revealed – the 105-mile-long mirrored building will feature two 1,600- ft-tall horizontal skycrapers , in parallel , for 75 miles . They will be powered by renewable energy , and will feature miles of greenery , homes , and farms to feed its residents , and a marina and sports stadium . They will be connected via walkways , and a high-speed train . NEOM Beach Games kicks off in October with athletes from 25 countries in attendance ; and Trojena wins a bid to host the 2029 Asian Winter Games . NEOM names Ennismore as Trojena ’ s first hotel partner , with brands 25hours and Morgans Original .
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