Oxagon targets to house around 90,000 residents by 2030, with the first one expected as early as next year.
Somewhere along the Red Sea, close to the Suez Canal, Saudi Arabia is building a floating city it touts to radicalise the global manufacturing industry – the Oxagon.
Shaped exactly how it’s named, the new city is part of the Kingdom’s NEOM megaproject, and is focused on creating a new logistics centre that will redefine the “world’s approach to industrial development in the future,” Saudi Crown Prince Mohamed bin Salman said at the time of the launch.
It was first announced in November last year, with full completion slated for 2030. Some of its key features – advanced logistics solutions facilities – are expected to take shape by 2025.
