Saudi Arabia plans to build the tallest and largest twin towers in the world

Bloomberg reported that Saudi Arabia is planning to build The largest building in the world in an area almost uninhabited. This is part of a brand new $500 billion development project called Neom.

Project Neom – the brainchild of Saudi Crown Prince Mohammed bin Salman – consists of two skyscrapers about 500 meters high, stretching tens of kilometers horizontally.

The skyscrapers will be a complex of residential, commercial and office buildings running from the Red Sea coast into the desert. This project has been changed from the concept announced last year for the construction of a chain linked by underground high-speed rail, to a long continuous structure.

The designers were instructed to work on a prototype nearly 1km long. If completed, each structure would be larger than the current largest structure in the world – most of which are factories or shopping malls rather than residential communities.

Announced in 2017, Neom is the project of Crown Prince of Saudi Arabia Mohammed bin Salman aims to transform a remote part of the country into a high-tech semi-autonomous region that recreates urban life. The project is part of a plan to attract foreign investment and help diversify Saudi Arabia’s economy to reduce dependence on oil exports.

Last year, the Crown Prince said, The Line – the car-free linear city that is Neom’s backbone – could cost up to $200 billion to build, though that was before plans changed to include giant horizontal building.

“The Line was an unexpected idea,” Neom CEO Nadhmi Al-Nasr said in an interview, declining to comment on the specifics of the plan. “What we will present when we are ready will be very warmly received, and will be seen as revolutionary.”

The buildings will have different heights, adapting to the landscape, with the final dimensions determined after careful consideration of engineering and topography, Al-Nasr said.

The Middle East is already home to the tallest building in the world, Dubai’s Burj Khalifa. Earlier, Saudi Crown Prince Alwaleed bin Talal announced plans to build the world’s tallest building near Jeddah. The skyscraper is only partially completed.

Some unexpected sources of Saudi Arabia’s income from oil prices higher will probably switch to building Neom. Government officials said the beneficiary of the surplus could be the Public Investment Fund, chaired by Crown Prince Mohammed and Neom’s owner.

However, funding has not been Neom’s challenge so far. Instead, questions about the project’s viability were raised after a number of other massive development projects aimed at promoting economic diversification in the past failed. For example, the wealth fund PIF is trying to turn a nearly complete cluster of offices north of Riyadh, costing billions to build. USDinto a financial center.

Hoping to avoid a similar fate, The Line will be built in phases based on demand. Ali Shihabi, Neom advisory board member said: “When The Line was presented to the board, I saw a sustainable, smart, well-thought-out modern city that would fit from workers to billionaires and will be built in phases, based on need.”