NEOM pitches investment opportunities to more than 700 US business leaders

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RIYADH: More than 700 US business, sustainability, and investment leaders attended a series of showcase events to highlight the development of NEOM, the $500 billion project owned by Saudi Arabia’s Public Investment Fund, according to the project’s CEO.

The “Discover NEOM” events followed on from a similar exercise in London last year.

NEOM’s CEO Nadhmi Al-Nasr said: “We came to the US to explore the significant market opportunities that NEOM presents to American corporations, to showcase the great progress NEOM has made and to discuss how we can best support the collaborative international effort to address global challenges.”

As well as the “Discover NEOM” events, the organization held a special reception at the Saudi Embassy in Washington, DC to honor students on NEOM’s scholarship program, in the presence of the Saudi Ambassador to the US, Princess Reema bint Bandar.

NEOM plans to expand its events to reach more destinations all over the globe, it said in a statement.