Saudi Crown Prince Mohammed bin Salman has announced the establishment of a new industrial city, OXAGON. It will be the largest floating industrial city in the world.
According to Neum's strategy, this will be a model for future manufacturing centers and factories will be set up in the future.According to the state-run news agency SPA, Prince Mohammed bin Salman announced the establishment of Oxagon City, saying: Saudi Vision 2030 will fulfill our aspirations in achieving the goals.
Prince Muhammad bin Salman said that New Industrial City will give a new impetus to the whole world in terms of industrial development in the future. It will also be unique in terms of environmental protection. It will provide new employment opportunities. Will meet the growth target. Oxagon will help the country in regional trade and bring large-scale international trade to the region.
The Saudi Crown Prince said: "I am pleased to announce that the concept of business and innovation is beginning to take shape in the land of the Industrial City - wishing for rapid expansion in this regard
"Oxagon will revolutionize the global concept of manufacturing centers," said Engineer Nazmi Al-Nasr, executive chairman of Newem Company. We are encouraged by the fact that our partners have shown interest in starting projects in Oxagon. These are the people who will set up the factories equipped with the latest artificial intelligence technology.
Oxagon will be located in a very large area southwest of Neum. It will be the center of logistics facilities where most of the people of Industrial City will stay. There will be a great cultural atmosphere around the entire harbor. The concept of New Industrial City (Oxagon) is similar to The Line, which was announced in January 2021.
Oxagon will use highly advanced technology such as IoT. There will be robots. All of these will be connected to the Future Distributors Center Network.
