Saudi Arabia’s NEOM unveils new food company Topian
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Saudi Arabia’s NEOM unveils new food company Topian

Saudi Arabia’s NEOM unveils new food company Topian

The company will spearhead the kingdom’s efforts to ensure food security, mitigate climate change and achieve net-zero emissions by 2060

Gulf Business
NEOM launches new food company Topian

Saudi Arabia’s NEOM has launched a new company that will redefine food production, distribution, and consumption by creating sustainable and innovative food solutions.

The new company, the NEOM Food Company (Topian), plans to create sustainable and innovative food solutions across five vertical pillars – climate-proof agriculture, regenerative aquaculture, novel foods, personalised nutrition, and sustainable food supply and ESG.

“Topian’s innovative approach will be a key driver in shaping the future landscape of a sustainable and secure food industry,” said Nadhmi Al-Nasr, CEO of NEOM.

“We look forward to working closely with investors, partners, and food industry experts in turning ambitious ideas into reality, supporting economic diversification in the kingdom and aligned with Saudi Vision 2030.”

The launch of Topian is aligned with Vision 2030 and the company will spearhead the kingdom’s efforts to ensure food security, mitigate climate change and achieve net-zero emissions by 2060.

Topian’s launch concept, ‘Future to Table’, will introduce and apply innovative solutions and initiatives that will revolutionise food systems while tackling issues arising from population growth, changing consumption patterns and climate change.

“We are not only committing to shaping a transformative global food system, but also to setting a global benchmark by pioneering new technologies and innovative solutions to overcome food-related challenges and create a more secure, sustainable, and prosperous future for all,” said Dr. Juan Carlos Motamayor, the CEO of Topian.

The innovative food production company has signed partnership agreements with both local and international organisations that share its commitment to reshaping the future of food.

Through the partnership agreements, which include Tabuk University, Tabuk Fish Company, BlueNalu, Van der Hoeven Horticultural Projects, and Cargill, Topian will collaborate on R&D initiatives, and harness partners’ expertise to develop innovative and sustainable food production solutions.

The progress at NEOM

Meanwhile, Saudi Arabia’s Crown Prince and Prime Minister Mohammed bin Salman said in July that NEOM will be partly financed through a flotation expected in 2024.

The kingdom plans that NEOM will utilise cutting-edge technology with a focus on artificial intelligence, and feature an airport, high-speed trains, and drones, all powered by renewable energy sources solely.

The $500bn futuristic city emerging in the northwest corner of Saudia Arabia is progressing forward with its regional airline connectivity with the announcement of a new flight service from Qatar Airways.

The Qatari flag carrier joins Saudia, which operates domestic and international flights from NEOM Bay Airport and flyDubai, which connects the tourist destination with Dubai.

The futuristic city is expected to have a capacity for 450,000 people by 2026 and between 1.5 and two million people by 2030, eventually housing nine million by 2045. In June, the city finalised a deal worth more than $5.6bn (SAR21bn) with a consortium of local investors for the first phase of the residential communities for its growing workforce.

Similarly, several of NEOM’s core developments including THE LINE, Trojena, Oxagon, and Sindalah are also ramping up as infrastructure unfolds across the region.

Read: Saudi Arabia: What NEOM’s new destination, Siranna, has to offer

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