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THE LINE! A revolution in urban life. LINE yes Linear Smart City Under Construction Saudi Arabia exist NeomTabuk province, designed to have no cars, streets or Carbon emissionsSaudi Arabia’s official estimate for the project $500 billionBut recent reports suggest funding for the future megacity could soar to more than $1.5 trillion. According to The Wall Street Journal, Neom executives believe the $500 billion figure is unrealistic.
The city is one of nine declared Neom Region and is Saudi Vision 2030 Saudi Arabia claims the project will create around 460,000 jobs and add around $48 billion to the country’s GDP. The line is planned to be the first development of the $500 billion Neom project. As part of the construction process, thousands of people were forced to relocate to make way for the project, and villages were razed to the ground.
Initial plans called for the city to be 170 km (110 mi) long and house nine million people by 2030 (25% of Saudi Arabia’s 2022 population of 35.5 million). Bloomberg The report said that by 2030, that would be reduced to 300,000 people living within a 2.4-kilometer (1.5-mile) radius. Saudi officials have denied this and said the project is proceeding as planned.
The line is ultimately planned to be 170 km (110 mi) long. It could run from Red Sea Approximately Tabuk It can accommodate 9 million inhabitants, with an average population density of 260,000 per square kilometer (670,000 per square mile). ManilaThe Line is the most densely populated city in the world in 2020, with a population density of 44,000 people per square kilometer (110,000 per square mile). The design of The Line consists of two mirrored buildings with an outdoor space in between, with a total width of 200 meters (660 feet) and a height of 500 meters (1,600 feet). This will make it the second largest city in the world after New York. Royal Clock Tower and the proposed Jeddah Towerapproximately the twelfth tallest building in the world.
The plan is to make the city entirely Renewable EnergyIt will consist of three levels, one above ground for pedestrians, one underground for infrastructure and one for transportation. Artificial intelligence will monitor cities and use predict and Data Model Find ways to improve citizens’ daily lives and get paid by residents for submitting data to The Line.
Estimated construction cost: $100-200 billion ($400-700 billion) Special ZoneThe Saudi government claims that the project will create 460,000 jobs, diversify the economy and contribute 180 billion Saudi riyals ($48 billion) to GDP by 2030. Mohammed bin Salman The first phase of the project is expected to cost 1.2 trillion Saudi riyals (US$320 billion) by 2022, with the Saudi sovereign wealth fund Public Investment Fund (PIF) will provide half the amount.
April 5, 2024 Bloomberg News The project has reportedly been scaled back due to funding constraints at PIF. Bloomberg Saudi officials expect that by 2030, when a 2.4-kilometer (1.5-mile) section of the city is completed, the population will be less than 300,000, a reduction of more than 98 percent.
Watch the LINE video: https://www.neom.com/en-us/regions/theline
Sources: Bloomberg News, KSA News, QGN, GT, BCC, CNN, BBC Business News, NEOM News, Saudi News, Global Business News, Reuters.
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