The largest floating industrial complex on the planet: Saudi Arabia will build the futuristic city of Oxagon, "where ideas can change the…

Mohamed bin Salmn, Crown Prince of Saudi Arabia and Chairman of the Board of Directors of the project to create the futuristic city of Neom, announced the construction of the Oxagon Industrial Center, which will become the largest floating industrial complex in the world, collect local media.

The Oxagon industrial city will be located on the Red Sea near the Suez Canal, in a large territory in the southwest of Neom, and will have an octagonal shape that will minimize the impact on the environment.

It is envisaged that this city can achieve world-class production levels while reducing net carbon emissions to zero.

The official Neom Twitter account highlights that Oxagon will become the place where ideas can change the world.

Oxagon will contribute to redefining the global approach to industrial development in the future, protecting the environment while creating jobs and growth for Neom, said the crown prince in that context. It will contribute to Saudi Arabias regional trade and support the creation of a new focal point for global trade flows, he added.

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The largest floating industrial complex on the planet: Saudi Arabia will build the futuristic city of Oxagon, "where ideas can change the...