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Saudi Arabia Just Made Plans To Build Mega Metropolis Powered Entirely By Renewables

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Saudi Arabia, one of the world’s biggest oil exporters, is planning to boost their economy with a fully renewable city. Located between Jordan and Egypt, this new metropolis will be over 33 times the size of New York City. The goal is to limit the focus on revenue from oil exports and to bring in companies that will help grow the new city.

Saudi Crown Prince Mohammed bin Salman announced the new project this week, called NEOM, at the Future Investment Initiative Conference in Riyadh. Estimated costs to construct the metropolis are at $500 billion. NEOM is expected to measure at 10,230 square miles, which is a significant amount of land to make fully renewable.