NEOM has started building the residential area for the workers who will move to work there, by awarding contracts to two national companies to build, finance and operate the residential complexes dedicated to them, as these contracts are the first investment opportunities offered by the company, in preparation for the launch of construction work in the NEOM project...\u00abNEOM Project\u00bb ...<\/p>\n
The residential area consists of more than one complex, as NEOM awarded contracts for the development of the first residential complexes to two national companies, Al Tamimi Group and SATCO, and Al Tamimi Group obtained contracts to build two residential complexes, each with a capacity of 10,000 workers, while SATCO will build a similar complex with the same capacity, and these complexes will provide a distinct investment opportunity for the two companies as the contract allows them to operate them for 10 years. ... \u00abNEOM Project\u00bb ...<\/p>\n
The residential area will offer workers a lifestyle aimed at creating a healthy working environment for them in line with NEOM's goals, as quality of life is one of the main pillars of the project, and the residential area for workers has the potential to add more complexes to it in the future according to the needs of the project to accommodate more workers, which may reach more than 100,000 workers in the future. ...\u00abNEOM Project\u00bb ...<\/p>\n
The residential area for workers is an extension of other logistical facilities to facilitate the transportation of construction workers to the project land. This was preceded by the opening of Neom Bay Airport as a commercial airport with regular weekly flights connecting Neom with the capital Riyadh... NEOM Project...<\/p>\n
Mr. Nazmi Al Nasr, CEO of NEOM, said: \u201dWe expect the development of a project of the size and magnitude of NEOM to last for many years, so moving to NEOM to work and live for a long time is very important, so we were keen on two things when awarding contracts for the residential area; the first is to provide a high quality of life for everyone who moves to work and live there, and the second is to provide an investment opportunity for developers in line with NEOM's goals to attract investors.\u201d ....\u00abNEOM Project\u00bb ...<\/p>\n
NEOM is the most ambitious project in the world, being developed on an area of 26,500 km2 in northwestern Saudi Arabia. The project will be one of the pillars of the Kingdom's economic transformation to provide diversified sources of income through NEOM's economic sectors and real estate investments... NEOM Project.<\/p>\n
<\/p>\n
Selected real estate news links from News<\/strong>\u00a0<\/strong>Issue\u00a0<\/a>178<\/strong>:<\/strong><\/p>\n Neom project- Real Estate - Global Real Estate - Real Estate Inspection -<\/strong> Neom project<\/p>\n <\/p>\n Ministry of Labor launches initiative to settle violations in distinguished establishments<\/a><\/p>\n Minister of Housing honors Al Rajhi Bank with the Best Financing Bank Award in the \u201cResidential\u201d program 2019<\/a><\/p>\n General Authority for Zakat and Income Tax (GAZT) urges companies subject to VAT to submit their returns<\/a><\/p>\n Ministry of Justice makes more than 10,000 commercial rulings available to the public via its online portal<\/a><\/p>\n Makkah set to host the world's largest 4,200-room Fuku hotel<\/a><\/p>\n \u00a0 \u00a0Ministry of Commerce and Investment allows companies to electronically amend their commercial register<\/a><\/p>\n Aldar implements AED 5 billion worth of strategic projects for Abu Dhabi government<\/a><\/p>\n Neom project<\/p>\n 3073 enterprises have completed their registration procedures A steady increase in the registration of national and foreign companies in the Saudi Contractors Authority<\/a><\/p>\n Itqan Real Estate sold it for SAR 414 million. \u201cFilter\u201d announces that Jeddah notaries have started emptying the contribution lands of the Safwa scheme<\/a><\/p>\n Under the patronage of the Minister of Housing Deutsche Gulf Bank enters into a 2.25 billion financing agreement with Saudi Real Estate Refinance Company<\/a><\/p>\n Ministry of Housing signs 600 contracts with beneficiaries of Asfan housing scheme north of Jeddah<\/a><\/p>\n Awqaf Investment Company plans to establish a hotel real estate fund in Medina in cooperation with Al Ahli Financial<\/a><\/p>\n \u201cRiyadh Development establishes Tanal Real Estate Investment and Development Co. Riyadh Real Estate Investment and Development Company<\/a><\/p>\n Neom project<\/p>\n \u201cRiyadh Development establishes Tanal Real Estate Investment and Development Co. Riyadh Real Estate Investment and Development Company<\/a><\/p>\n Real Estate Fund announces that early 2020 will see the announcement of the last waiting lists of beneficiaries<\/a><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" Reading time: <\/span> 2<\/span> Minutes<\/span><\/span>\u0628\u062f\u0623\u062a \u0634\u0631\u0643\u0629 \u0646\u064a\u0648\u0645 \u0628\u0646\u0627\u0621 \u0627\u0644\u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u0633\u0643\u0646\u064a\u0629 \u0627\u0644\u0645\u062e\u0635\u0635\u0629 \u0644\u0644\u0639\u0645\u0627\u0644\u0629 \u0627\u0644\u062a\u064a \u0633\u062a\u0646\u062a\u0642\u0644 \u0644\u0644\u0639\u0645\u0644 \u0647\u0646\u0627\u0643\u060c \u0645\u0646 \u062e\u0644\u0627\u0644 \u0625\u0631\u0633\u0627\u0621 \u0639\u0642\u0648\u062f \u0628\u0646\u0627\u0621 \u0648\u062a\u0645\u0648\u064a\u0644 \u0648\u062a\u0634\u063a\u064a\u0644 \u0627\u0644\u0645\u062c\u0645\u0639\u0627\u062a \u0627\u0644\u0633\u0643\u0646\u064a\u0629 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