Saudi’s NEOM says Aecom hired as project management consultant

The construction of NEOM Bay is expected to start this year



Image courtesy: SPA

Saudi Arabia’s NEOM, which is building a mega economic zone, said on Wednesday it has appointed Aecom as a project management consultant for part of NEOM Bay, the first urban area to be developed in the zone.

The company told Reuters that it will start this year the construction of NEOM Bay, which will be built in more than one phase.

The $500bn NEOM zone is part of Crown Prince Mohammed bin Salman’s Vision 2030 plan that aims to attract foreign investments and create jobs in a bid to reduce the kingdom’s reliance on oil.