January 04, 2018
A promising future awaiting Sharm El Sheikh After announcing NEOM
The common area between Egypt, Saudi Arabia and Jordan that connect 3 cotenants that 10% of the traffic crosses through it and 70% of the world population can reach it within 8 hours and is looking forward to a promising future after the launch of the new project, NEOM.
The project is expected to divert huge investments to the area and transfer it in to a global center designed on the latest technology that the world has not seen before.
With 500 Billion US$ of investments from Saudi Arabia, Investment funds and local and international investors and will be the gate to the proposed King Salman Bridge connecting Saudi Arabia and Sharm El Sheikh
The area will have special exemptions from laws, taxes, customs work permits and trade which will enhance manufacturing and supply services with competitive prices.