PR85073

NEOM, Saudi Arabia, Aug. 10, 2020 /PRNewswire=KYODO JBN/ --

Global industry leader will provide design, construction and project management services

Bechtel to oversee and create resource-efficient utilities and a highly

advanced transport system to connect NEOM's cognitive cities.  

NEOM Co. has awarded a contract to U.S.-based Bechtel for executive project

management work on the development of the primary, base infrastructure for NEOM

as the Giga-project advances work to create the world's leading destination to

attract talent and investment.

NEOM, a beacon for the future of urban living, selected Bechtel to oversee and

create resource-efficient utilities and a highly advanced transport system to

connect NEOM's cognitive cities. Integrating sustainable land use, intelligent

urban design and multi-modal mobility, NEOM will deliver a community of

exceptional liveability. Work will include simultaneous construction in multiple

locations requiring extraordinary engineering solutions in challenging terrain.

NEOM's next generation cognitive cities will support its cutting-edge urban

environments, improving the lives of residents and businesses far beyond the

capabilities of today's smart cities. NEOM's infrastructure will utilize AI,

robotics, and human-machine fusion to deliver greater predictive intelligence

and enable faster decision making across all NEOM sectors.

Commenting on the award, NEOM CEO Nadhmi Al Nasr said: "Built from the ground

up as a model of future living, NEOM will be one of the largest, most

sophisticated and advanced infrastructure projects ever undertaken globally,

and we are delighted to have a major industry leader like Bechtel on board to

work with us to realize our ambitions."

Bechtel Chairman & Chief Executive Officer, Brendan Bechtel said: "NEOM is one

of the most complex projects in living memory and we are proud to be part of

it. The vision for a futuristic, innovative and sustainable ecosystem is unique

and bold, and we believe NEOM will change the way new cities are developed by

future generations. We have helped our customers shape the Kingdom's history

with many key projects and we are honored to be a partner in building its future."

Bechtel has deep experience of working in the Kingdom having been involved in

many other high-profile Saudi projects, including Jubail Industrial City and

the Riyadh metro. In its role as Executive Project Manager, Bechtel will draw

on over 120 years of industry experience to deliver a lasting positive impact in NEOM.

NEOM will be home to an economy and society oriented to the future with a

technologically advanced, sustainable infrastructure powered by 100% renewable

energy to support truly liveable cities. NEOM has accelerated work this year in

many areas including a contract with Saudi telecom giant, stc, for the

establishment of a 5G network infrastructure that will accelerate NEOM's

digital ambitions. It also signed a $5-billion partnership with US-based Air

Products and Saudi Acwa Power to develop the world's largest green hydrogen and

green ammonia plant to be operational in 2025.

About NEOM

NEOM is an accelerator of human progress and a vision of what a New Future

might look like. It is a region in northwest Saudi Arabia on the Red Sea being

built from the ground up as a living laboratory – a place where

entrepreneurship will chart the course for this New Future. It will be a

destination and a home for people who dream big and want to be part of building

a new model for exceptional livability, creating thriving businesses, and

reinventing environmental conservation.  

NEOM will be the home and workplace to more than a million residents from

around the world. It will include hyperconnected, cognitive towns and cities,

ports and enterprise zones, research centers, sports and entertainment venues,

and tourist destinations. As a hub for innovation, entrepreneurs, business

leaders and companies will come to research, incubate and commercialize new

technologies and enterprises in ground-breaking ways. Residents of NEOM will

embody an international ethos and embrace a culture of exploration, risk-taking

and diversity - all supported by a progressive law compatible with

international norms and conducive to economic growth.  

For further information visit www.neom.com.

About Bechtel

Bechtel is a trusted engineering, construction and project management partner

to industry and government. Differentiated by the quality of our people and our

relentless drive to deliver the most successful outcomes, we align our

capabilities to our customers' objectives to create a lasting positive impact.

Since 1898, we have helped customers complete more than 25,000 projects in 160

countries on all seven continents that have created jobs, grown economies,

improved the resiliency of the world's infrastructure, increased access to

energy, resources, and vital services, and made the world a safer, cleaner place.

Bechtel serves the Infrastructure; Nuclear, Security & Environmental; Oil, Gas

& Chemicals; and Mining & Metals markets. Our services span from initial

planning and investment, through start-up and operations. www.bechtel.com

Source:  NEOM