January 31, 2026

NEOM

Latest NEOM Project News and Updates – Saudi Arabia Vision 2030

NEOM is Saudi Arabia’s flagship giga-project under Vision 2030, designed to revolutionize urban living and sustainable development.

Located in the Tabuk Province, NEOM will encompass smart cities, industrial zones, renewable energy hubs, and tourism destinations like THE LINE, OXAGON, TROJENA, and Sindalah Island.

This page features the latest updates on NEOM’s infrastructure contracts, tender announcements, construction milestones, investment partnerships, and regulatory changes. Stay informed on the companies shaping NEOM—from global consultants to regional contractors—and follow each sector’s progress, including transportation, utilities, and real estate development.

ZWSE submits lowest bid of $66.4m for NEOM Substations

October 1, 2021 Mohammad S

Saudi Electricity Company (SEC) received bidders proposals for the Construction of two 132/33kV Substations in NEOM, Saudi Arabia. Fifteen bidders has submitted the proposals. Poland …

CEPCO submits lowest bid of $68.1m for NEOM 132/33kV Substation

September 29, 2021 Mohammad S

Saudi Electricity Company (SEC) received bidders proposals for the Construction of two 132/33kV Substation in NEOM, Saudi Arabia. Fourteen bidders has submitted the proposals. Saudi …

AlGihaz submits lowest bid of $137.4m for NEOM NIC Substation

September 8, 2021 Mohammad S

Saudi Electricity Company (SEC) announces the bid results for the project, Construction of NIC Circle 380/132kV Substation. The Project location is in NEOM Saudi Arabia. …

AlGihaz submits lowest bid of $157.9m for NEOM Substation

September 6, 2021 Mohammad S

Saudi Electricity Company (SEC) announces the bid results for the project, Construction of NIC South 380/132/33kV Substation. The Project location is in NEOM, Saudi Arabia. …

NEOM awards desalination project advisory services

August 25, 2021 Mohammad S

NEOM, Saudi Arabia appointed the advisory Services team for a planned desalination project to be built at the NEOM development in Saudi Arabia. The Planned …

Baker Hughes to provide advanced technology for NEOM hydrogen project

June 10, 2021 Mohammad S

Baker Hughes announced in a statement that it has collaborated with Air Products to develop next generation hydrogen compression to lower the cost of production …

SEC issued tenders for 380/132kV Substation and 380kV OHTL at NEOM

June 8, 2021 Mohammad S

Saudi Electricity Company (SEC) issued the tenders for Construction of 380/132kV Substation and associated 380kV Overhead transmission line (OHTL) at NEOM, western coast of Saudi …

Gulf Development International to build $1billion factory at NEOM

June 3, 2021 Mohammad S

UK’s Gulf Development International Ltd (GDI) announced in a statement that its going to build one of the largest volumetric modular assembly plants in the …

NEOM The Line PMO contract awards to South Korea’s HanmiGlobal

June 2, 2021 Mohammad S

South Korea’s HanmiGlobal, a construction project management (PM) company, announced in a statement that it has won a PM contract for the NEOM Smart City …

NEOM signed MOU to build hydrogen powered vehicles assembly plant

May 1, 2021 Mohammad S

Saudi Arabia’s NEOM has signed a memorandum of understanding (MoU) with Hyzon Motors (USA) jointly with Modern Industrial Investment Holding Group (Saudi Arabia), for establishing …

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