HanmiGlobal has bagged a 2.6 billion South Korean Won ($2.3 million) project management consultancy contract for the Neom project in Saudi Arabia, Business Korea news website reported on Tuesday. 

The report said the South Korean firm will offer specialised Project Management Office (PMO) services for ‘The Line’ zero-carbon city project. 

The Line would be a city of a million residents with a length of 170 kilometres that preserves 95 percent of nature within Neom, with zero cars, zero streets and zero carbon emissions, according to past media reports.

The contract is for two years until May 2023, the Business Korea report added. 

(Writing by N Madhura; Editing by Anoop Menon) 

(anoop.menon@refinitiv.com) 

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