Saudi Arabia’s flagship development project, NEOM, is strengthening its role as a platform for attracting international investment by building large-scale infrastructure designed to support industrial growth, clean energy development and regional connectivity.
Speaking at FII Priority Europe 2026, NEOM Deputy CEO Rayyan Fayez said the project is creating conditions for global investors by providing enabling infrastructure including energy systems, water access, digital connectivity and investment incentives that encourage third-party capital participation, Zawya reported.
According to Fayez, NEOM’s approach is focused on creating infrastructure that allows private and international investors to develop projects across multiple sectors within the region.
He highlighted the US$9 billion NEOM green hydrogen project as an example of this model. The project is being developed through a partnership with Air Products and ACWA Power and has secured US$6.2 billion in debt financing, with the remaining capital supported through equity investments.
Fayez said the project partners identified NEOM as an attractive location for establishing a large-scale industrial and clean energy complex.
Alongside energy investments, NEOM is also expanding its role in regional trade and logistics.
In April, the project announced progress in improving regional connectivity through the development of a European multimodal land bridge that enables freight transported by trucks to move directly from Europe to Egypt and onward into Gulf markets through the Port of NEOM.
Located along the Red Sea and connected to major inland trade corridors, the Port of NEOM is expanding its role as a regional logistics hub designed to support cargo movement across Europe, Africa, Asia and the Middle East.
Saudi Arabia views the continued development of infrastructure, logistics and clean energy projects within NEOM as a key part of its broader strategy to attract global capital and support long-term economic diversification.
