NEOM announces latest part of US$500 billion project
04 January 2024
Saudi Arabia has announced its latest plans for NEOM in the form of Norlana, an ‘ultra-modern active lifestyle community’ as the latest addition to what is one of the world’s most ambitious infrastructure projects.
![NEOM](/Images/270xany/20240104-162741-prlimage.jpg)
Situated on the Gulf of Aqaba’s coastline, Norlana will house 3,000 residents who, according to a press release, will enjoy “contemporary luxury fused with advanced technology, setting a pioneering standard for sustainable modern living.”
The project entails construction of 711 residential properties, a 120-berth marina, 18-hole golf course, and an equestrian and polo center.
It is claimed that Norlana will be delivered innovatively and sustainably with a focus on preserving the surrounding land and marine environments.
The budget for NEOM is reportedly US$500 billion and around 20% of the project is believed to have been completed.
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