The Dawn's video: With no cars and roads Saudi Arabia to build a futuristic city NEOM City

With no cars and roads, Saudi Arabia to build a futuristic city |NEOM City NEOM is being called as what 'New Future might look like' by Saudi Arabia. Neom is a portmanteau of the Greek word neos, meaning "new," and mustaqbal, the Arabic word for "future." It is a futuristic mega-city 33 times the size of New York City. NEOM is being built on the Red Sea in northwest Saudi Arabia. It can be imagined as a place where entrepreneurship and innovation would frame the course for this New Future. The city is being marketed as a new model for sustainable living, working and prospering. Saudi officials describe it as "the world's most ambitious project." NEOM: Significance and facts NEOM is a planned 16-borough city on the Red Sea coast in the northwestern Saudi province of Tabuk. Saudi Arabia has named it after the words New Future in an attempt to create something that has never been done before. A huge amount of more than 500 billion dollars are being invested in this dream project of the Saudi Prince. It has been planned such that all major cities across the world would be an 8-hour flight from NEOM The city is being built using artificial intelligence and clean energy sources. The city would consist of bullet trains and hyperloop but the residents would be encouraged for using bicycles NEOM’s climate provides un-rivalled complementary solar and wind potential through competitively priced renewable energy. The government of Saudi Arabia would build new industries and drive the next wave of the energy transition by producing green hydrogen. Leveraging low-cost clean energy and a carbon-free energy ecosystem from scratch, NEOM plans on developing energy-intensive industries with the potential to lead on a global scale. NEOM would build Digital Air which is free WiFi for all its residents. In January 2019, Saudi Arabia set up a company, also called Neom, to be the driving force behind the building effort. It hired three of the world's largest consultancy firms in 2017. These were McKinsey & Co, Boston Consulting, and Oliver Wyman. What is the significance of NEOM? The Prince of Saudi Arabia, Mohammad Bin Salman has launched his Vision 2030 through which he wished to reduce the economy's dependence on crude oil. This is the time when NEOM came into the picture. It would house more than 1 million people and provide Saudi Arabia with another market than crude oil. Masdar City Masdar City is a pioneer in sustainability and a hub for research and development, spearheading the innovations to realize greener, more sustainable urban living. The City is home to a rapidly growing clean-tech cluster, business free zone and residential neighborhood with restaurants, shops, and public green spaces.