NEOM —
Saudi Arabia has revealed plans to build the Oxagon port and logistics hub, which would be the world's largest floating structure as part of the Neom development Set to be one of 10 regions within the Neom development in the northeast of Saudi Arabia, Oxagon will become a port city on the Red Sea, designed to take advantage of shipping travelling through the Suez Canal
Divided from the land by a shipping canal, the Neom developers claim that the off-shore section of the city will be the "world's largest floating structure"
The floating city will be arranged around water-filled squares connected by small canals. It will also contain a cruise terminal and oceanographic research centre
"Oxagon will be the catalyst for economic growth and diversity in Neom and the Kingdom, further meeting our ambitions under Vision 2030," said Saudi Crown Prince Mohammed bin Salman
"Oxagon will contribute to redefining the world's approach to industrial development in the future protecting the environment while creating jobs and growth for Neom It will contribute to Saudi Arabia's regional trade and commerce and support creating a new focal point for global trade flows
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