NEOM, Kingdom of Saudi Arabia, June 5, 2024 – In a groundbreaking announcement today, NEOM’s Board of Directors has unveiled the blueprint for Magna, a luxurious coastal haven set to redefine the landscape of sustainable tourism.
Nestled along the pristine Gulf of Aqaba coastline, Magna emerges as a beacon of Saudi Arabia’s visionary endeavor, Saudi Vision 2030, blending cutting-edge technology with unparalleled natural beauty.
Spanning an impressive 120 kilometers, Magna is a constellation of twelve distinct destinations, each offering its own unique charm while seamlessly converging to form an unparalleled luxury experience.
From the allure of Leyja to the tranquility of Norlana, Magna promises a journey of unparalleled indulgence amidst breathtaking vistas and modern amenities.
Magna’s architectural marvels, meticulously integrated with the surrounding landscape, serve as a testament to NEOM’s commitment to redefining the boundaries of sustainable development.
With a focus on the conservation and preservation of native flora and fauna, Magna emerges as a harmonious synthesis of modernity and environmental stewardship.
Nadhmi Al-Nasr, Chief Executive Officer of NEOM, expressed his enthusiasm, stating, “Magna is the epitome of NEOM’s vision – a fusion of natural splendor and technological innovation. As we embark on this transformative journey, Magna will not only redefine luxury tourism but also catalyze economic growth, contributing significantly to Saudi Vision 2030’s overarching goals.”
Aligned with the ambitious aspirations of Saudi Vision 2030, Magna is poised to invigorate the Kingdom’s economy, creating 15,000 jobs across various sectors, including tourism, leisure, and hospitality.
The development is projected to inject SAR2.6 billion into the Kingdom’s GDP by 2030, providing a robust foundation for economic diversification and sustainable growth.
Moreover, Magna is set to accommodate 14,500 residents and welcome over 300,000 overnight visitors annually, further solidifying Saudi Arabia’s position as a global leader in luxury tourism.
With sustainability ingrained in every facet – from design and construction to long-term maintenance – Magna presents an unparalleled opportunity for investors and developers to participate in one of the world’s most pioneering projects.
Magna joins the ranks of NEOM’s visionary giga-project developments in the northwest of Saudi Arabia, including Sindalah, THE LINE, Trojena, and Oxagon, reaffirming NEOM’s commitment to shaping a future where innovation, sustainability, and prosperity converge.
As the sands of time shift, Magna stands as a testament to Saudi Arabia’s unwavering resolve to carve a path towards a more sustainable and prosperous future, inviting the world to embark on a journey like never before – where luxury meets sustainability in perfect harmony.
This article was created using automation technology and was thoroughly edited and fact-checked by one of our editorial staff members