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10 September, 2018

Saudi NEOM starts environmental, archaeological and geological surveys

The $500 billion mega project is aimed at helping Saudi Arabia diversify away from oil

10 September 2018
Saudi Arabia's NEOM has begun environmental, archaeological and geological surveys for the $500 billion mega project, the company said in a twitter post.

"The NEOM team has begun environmental, archaeological and geological surveys to ensure that the execution of any future construction is well-planned and sustainable," the company posted on its twitter account on Sunday.

Last month, local English language newspaper Arab News reported that Aradhana Khowala has been appointed managing director of tourism for NEOM.

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In February, Reuters reported that the government awarded contracts to construct palaces for the royal family at NEOM.

The 26,500 square km mega project, located in Tabuk on the Red Sea coast, was launched by Saudi Crown Prince Mohammed bin Salman at an international investment conference in Riyadh last October, and forms part of the kingdom's drive to diversify away from oil.

(Writing by Anoop Menon) (anoop.menon@thomsonreuters.com)

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