Mohammed bin Salman, Crown Prince of Saudi Arabia and chairman of the NEOM company board of directors, has established OXAGON, forming the next phase of NEOM's master plan and representing a new model for future manufacturing centers, based on NEOM's strategies of redefining the way humanity lives and works in the future.
Comprising a large area in the southwest corner of NEOM, the core urban environment is centered around the integrated port and logistics hub that will house the majority of the city's anticipated residents. The unique octagonal design minimizes impact on the environment and provides optimal land usage, with the remainder open to preserve 95 percent of the natural environment. A defining feature of the city is the world's largest floating structure, which will become a center for NEOM's Blue Economy and achieve sustainable growth.
Located on the Red Sea close to the Suez Canal, through which approximately 13 percent of the globe's trade passes, OXAGON