NEOM teams up on $187 million cement factories to build The Line
The manufacturing facilities will employ carbon capture technology and a range of energy-saving innovations to produce the concrete
Saudi Arabia is taking concrete steps to accelerate construction of The Line, its planned trillion-dollar city of the future.
NEOM, which runs the project and surrounding development of the kingdom’s Red Sea coast, signed a partnership agreement with a Saudi construction company to build cement factories costing $187 million that will be used for the structure, which is planned to extend 110 miles across the desert.
The manufacturing facilities, which begin operations in November, will use carbon capture technology and a range of energy-saving innovations, NEOM CEO Nadhmi Al-Nasr told the Saudi Press Agency.
He said the deal illustrates “the critical role local partnerships play in delivering this transformational project efficiently and sustainably.”