Biggest Megaprojects: NEOM OXAGON - Saudi Arabia's Floating City

OXAGON is a megaproject being developed by NEOM, a company owned by the Saudi Arabian government. It is a floating port city that will be located off the coast of Saudi Arabia in the Red Sea. The city will cover an area of about 2,000 square kilometers and will be home to more than a million people. OXAGON is being designed to be a hub for innovation and will focus on several sectors, including energy, advanced manufacturing, and biotechnology. The project is part of Saudi Arabia's plan to diversify its economy and reduce its dependence on oil exports. OXAGON is one of several megaprojects being developed by NEOM as part of this plan.

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