Saudi Arabia’s public investment fund to invest in a city without cars


NEOM, part of Saudi Arabia’s public investment fund, will start construction of THE LINE, a 170km belt of hyper-connected future communities, without cars and roads and built around nature, in Q1 of 2021.

One of the largest sovereign wealth funds in the world, NEOM, expects the project will create 380,000 jobs and contribute SAR 180bn ($48bn) to GDP by 2030.

“Throughout history, cities were built to protect their citizens. After the Industrial Revolution, cities prioritized machines, cars and factories over people. In cities that are viewed as the world’s most advanced, people spend years of their lives commuting. By 2050, commute durations will double. By 2050, one billion people will have to relocate due to rising CO2 emissions and sea levels,” said Mohammed bin Salman, Crown Prince and NEOM’s Chairman.

In THE LINE, a major urban development has been designed around people, not roads.

All essential daily services, such as schools, medical clinics, leisure facilities, as well as green spaces, will be within a five-minute walk.

Ultra-high-speed transit and autonomous mobility solutions will make travel easier and give residents the opportunity to reclaim time to spend on health and wellbeing. It is expected no journey will be longer than 20 minutes.

THE LINE’s communities will be cognitive and will be powered by Artificial Intelligence (AI).

An estimated 90% of available data will be harnessed to enhance infrastructure capabilities far beyond the 1% typically utilized in existing smart cities.

THE LINE will comprise carbon-positive urban developments powered by 100% clean energy, providing pollution-free, healthier and more sustainable environments for residents. Mixed-use communities will be built around nature, instead of over it.

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