ABOUT THE FUTURISTIC CITY OF NEOM IN SAUDI ARABIA
The applied aspect of the policy of the Kingdom of Saudi Arabia (KSA) aimed at economic diversification - the construction of the city of the future Neom - is considered. The purpose of the research is to analyze the possibilities of the Kingdom for the implementation of the project. The methodologi...
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| Format: | Article |
| Language: | English |
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Publishing House of the State University of Management
2017-12-01
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| Series: | Вестник университета |
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| Online Access: | https://vestnik.guu.ru/jour/article/view/878 |
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| author | E. S. Biryukov |
| author_facet | E. S. Biryukov |
| author_sort | E. S. Biryukov |
| collection | DOAJ |
| description | The applied aspect of the policy of the Kingdom of Saudi Arabia (KSA) aimed at economic diversification - the construction of the city of the future Neom - is considered. The purpose of the research is to analyze the possibilities of the Kingdom for the implementation of the project. The methodological base consists of studying the existing experience of the KSA on the construction of cities, its comparative analysis with the policy of other Arabian monarchies, and forecasting the prospects of the project on this basis. It was revealed that Saudi Arabia has accumulated a wealth of experience in this field. At the same time it is shown that at the beginning of the XXI century many announced projects were not implemented. The main risks will be the amount of necessary funds, namely 500 billion dollars; the unprecedented nature of the project in terms of the level of technology used; political situation. The results of the research can be used to assess the prospects for the development of the KSA and the directions of interaction be-tween Russian and Saudi companies. |
| format | Article |
| id | doaj-art-356102dc6f7c4ec3b6884500a4996647 |
| institution | Kabale University |
| issn | 1816-4277 2686-8415 |
| language | English |
| publishDate | 2017-12-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj-art-356102dc6f7c4ec3b6884500a49966472025-02-04T08:27:53ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152017-12-01012394310.26425/1816-4277-2017-12-39-43878ABOUT THE FUTURISTIC CITY OF NEOM IN SAUDI ARABIAE. S. Biryukov0ФГНБУ «Российский институт стратегических исследований»The applied aspect of the policy of the Kingdom of Saudi Arabia (KSA) aimed at economic diversification - the construction of the city of the future Neom - is considered. The purpose of the research is to analyze the possibilities of the Kingdom for the implementation of the project. The methodological base consists of studying the existing experience of the KSA on the construction of cities, its comparative analysis with the policy of other Arabian monarchies, and forecasting the prospects of the project on this basis. It was revealed that Saudi Arabia has accumulated a wealth of experience in this field. At the same time it is shown that at the beginning of the XXI century many announced projects were not implemented. The main risks will be the amount of necessary funds, namely 500 billion dollars; the unprecedented nature of the project in terms of the level of technology used; political situation. The results of the research can be used to assess the prospects for the development of the KSA and the directions of interaction be-tween Russian and Saudi companies.https://vestnik.guu.ru/jour/article/view/878saudi arabianeompublic investment fundspecial economic zonesfree economic zonessovereign investment funds |
| spellingShingle | E. S. Biryukov ABOUT THE FUTURISTIC CITY OF NEOM IN SAUDI ARABIA Вестник университета saudi arabia neom public investment fund special economic zones free economic zones sovereign investment funds |
| title | ABOUT THE FUTURISTIC CITY OF NEOM IN SAUDI ARABIA |
| title_full | ABOUT THE FUTURISTIC CITY OF NEOM IN SAUDI ARABIA |
| title_fullStr | ABOUT THE FUTURISTIC CITY OF NEOM IN SAUDI ARABIA |
| title_full_unstemmed | ABOUT THE FUTURISTIC CITY OF NEOM IN SAUDI ARABIA |
| title_short | ABOUT THE FUTURISTIC CITY OF NEOM IN SAUDI ARABIA |
| title_sort | about the futuristic city of neom in saudi arabia |
| topic | saudi arabia neom public investment fund special economic zones free economic zones sovereign investment funds |
| url | https://vestnik.guu.ru/jour/article/view/878 |
| work_keys_str_mv | AT esbiryukov aboutthefuturisticcityofneominsaudiarabia |