Saudi Arabia’s Neom, DSV Form $10 Billion JV for Futuristic City
This article is for subscribers only.
Saudi Arabia’s Neom is setting up a $10 billion venture with Danish freight forwarder DSV A/S to help develop Crown Prince Mohammed bin Salman’s flagship megaproject.
The partnership will focus on providing logistics services for Neom in the coming years, the companies said. Neom will hold 51% of the JV, with DSV holding the rest.