Saudi Prince Plans Emissions-Free Industry Hub ‘Floating’ on Sea

  • New city unveiled by crown prince’s Neom megaproject
  • Dubbed ‘Oxagon,’ city will feature port, logistics hub
A rendering for Neom’s Oxagon project.Source: Neom
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Saudi Arabia’s crown prince plans to build a carbon emissions-free industrial city “floating” on the Red Sea as part of his Neom mega-project, officials said Tuesday.

Neom didn’t say how much the city would cost, or how the complex would be engineered to float.