150 Global Companies Show Interest in NEOM Projects
The sun sets over NEOM. (NEOM via Twitter)
After concluding a four-day assembly, NEOM Chief Projects Officer Brett Smythe revealed that more than 150 local and international design and construction corporations have displayed interest in the Saudi mega project.
“What we now have edited at these conferences confirms the nice curiosity we’re aiming for at NEOM,” he said.
“We’re critical about constructing the NEOM in a totally completely different approach and we’re working to carry the sector to technological improvement, improvements and innovation,” he added.
NEOM is the cornerstone project supporting the realization of Saudi Arabia’s national transformation plan Vision 2030, especially in terms of diversifying sources of income.
NEOM is distinguished by the magnitude and diversity of businesses and projects it covers.
In its “The Line” project, NEOM is looking to create 380,000 jobs and to add SAR 180 billion to the Kingdom’s GDP by 2030.
“The scale and complexity of this project require strong partnerships between NEOM and the entire industry value chain to make NEOM’s vision a reality,” its Chief Executive Officer Nadhmi Al-Nasr said.
There was particular interest in NEOM’s focus on innovation, Smythe noted.
“We are serious about building NEOM in a completely different way and are steering the industry toward technological advancement, greater innovation and efficiency,” he stressed.
Berlin Eyes Partnership with Riyadh in Expo 2030, Climate Cooperation, Hydrogen Initiativeshttps://english.aawsat.com/business/5165747-berlin-eyes-partnership-riyadh-expo-2030-climate-cooperation-hydrogen-initiatives
Berlin Eyes Partnership with Riyadh in Expo 2030, Climate Cooperation, Hydrogen Initiatives
Saudi and German flags fluttering - File Photo/Asharq Al-Awsat
A senior German official affirmed his country’s commitment to strengthening cooperation with Saudi Arabia across various fields, noting that bilateral trade relations continue to grow steadily, with trade volume reaching around 7 billion Euros.
Speaking to Asharq Al-Awsat, German Ambassador to Saudi Arabia Michael Kindsgrab said: “The sectors driving this growth—chemicals, machinery, and transport—reflect the strong industrial connections we share. These are areas where German expertise is making a real difference in Saudi Arabia’s development.”
He added: “Looking ahead, there is much to be excited about. Expo 2030 is an incredible opportunity for us to further deepen our collaboration, showcase the best of what both Saudi Arabia and Germany have to offer, and inspire future generations to continue building on this remarkable partnership.”
German Ambassador to Saudi Arabia Michael Kindsgrab - Asharq Al-Awsat
Renewable Energy
On climate cooperation, the official said: “As for climate cooperation, we have just launched a relevant study on the Saudi labor market in the renewable energy sector, which was reviewed by the National Labor Observatory and discussed with experts of KAPSARC, KaCare and PSU. This is a great example of our close and meaningful partnership, tackling the challenges of today with an eye on the future.”
Blossoming Relations
Kindsgrab noted that Saudi-German relations are truly blossoming, saying: "I am proud to see our partnership becoming deeper and stronger across so many areas. From a personal perspective, it is inspiring to witness the growing bonds between our two countries. These ties span a wide range of sectors, including energy, transport, architecture, health, education and culture—creating a solid foundation for the future.”
“One of the most exciting aspects of our cooperation is in the area of energy transition. German innovation is at the heart of NEOM’s green hydrogen projects, with Thyssenkrupp Nucera playing a key technological role in making the vision of decarbonization of industry a reality,” he affirmed.
“Beyond energy, we’re also seeing significant progress in transport, where Siemens’ delivery of metro wagons helped to shape the modern infrastructure of Saudi cities. And let’s not forget the impact of German architecture in megaprojects such as King Salman Park or the design of Expo 2030, which I believe will be a landmark event for both our countries, ” added Kindsgrab.
“In the health sector, the collaboration with Charité in Berlin is another example of how our nations are working together to improve lives.”
Accelerated Cultural Cooperation
“And now, I am particularly excited to see the acceleration of cultural cooperation, such as the recently launched museum initiative between the Saudi Museums Commission and the Prussian Cultural Heritage Foundation of Germany,” the German ambassador stressed.
“This cooperation emerged as part of our shared efforts to strengthen people-to-people ties and will play an enriching role for the cultural relations, as it includes a loan program for artworks, joint curatorship and training programs to support talent development,” he concluded.