Saudi Arabia’s ambitious megacity project, Neom, has emerged as a global construction titan, currently consuming nearly 20% of the world’s steel production, according to Manar Al Moneef, Chief Investment Officer of Neom. The staggering figure was revealed during the Global Logistics Forum held in Riyadh, underscoring the scale and momentum of one of the world’s most audacious urban developments.
📍 A City of the Future
Spanning over 10,200 square miles—an area larger than many countries—Neom is envisioned as a futuristic hub powered by renewable energy, AI-driven infrastructure, and cutting-edge urban design. The project includes sub-developments like The Line, Oxagon, and Trojena, each pushing the boundaries of architecture, sustainability, and technological integration.
🏗️ A Material Giant
With its unprecedented demand for construction materials, Neom is poised to become the largest customer of steel, concrete, and other industrial inputs for decades to come. This surge is reshaping global supply chains and positioning Saudi Arabia as a central player in the logistics and infrastructure sectors.
🌍 Global Implications
The scale of Neom’s material consumption is not just a regional milestone—it’s a global economic signal. Steel producers, logistics firms, and construction technology providers worldwide are recalibrating strategies to align with Neom’s long-term needs.

As Neom continues to rise from the desert, its gravitational pull on global resources and innovation is becoming impossible to ignore.