FICCI holds first Indian delegation of 17 CEOs in Saudi Arabia's iconic Neom City

FICCI is holding a four-day delegation of CEOs in Saudi Arabia, led by President Dr Anish Shah, including Vice President Anant Goenka; Secretary General SK Pathak along with 17 CEOs and Government of India’s Joint Secretary DPIIT Sanjiv and Rakesh Kumar, DDG.

The four-day FICCI CEOs delegation to Saudi Arabia (Feb 18-21) will chart out ways to strengthen economic bilateral relations between the two nations. The delegation will meet various senior government officials and Ministers in Riyadh and Neom in Saudi Arabia along with Federation of Saudi Chambers (FSC) and Public Investment Fund (PIF). These include meetings with Prince Abdul Aziz Bin Salman Al Soud, Minister of Energy; HE Khalid A Al-Falih, Minister of Investment, Saudi Arabia; Deputy Ministers of Ministry of Economy and Planning Farah Ismail and Rakam Al Alsheikh.

The delegation will also interact with the Saudi-India Business Forum along with discussion with NEOM community on sectors including land mobility, health and well-being, tourism, education, research and innovation along with NEOM Investment Fund.

Also read: Saudi Arabia's Neom City will run entirely on renewable energy; here is the roadmap

This is the first Indian delegation visiting NEOM City. NEOM is a futuristic city been built in the Saudi desert from scratch. The Neom City project is Crown Prince Mohammed Bin Salman's brainchild. It would cover over 10,000 square miles, the size of Massachusetts, and is budgeted at $1 trillion.

NEOM City will be made a global hub for innovation, sustainability, and technology. It will integrate advanced technologies and renewable energy sources to create a model for smart and eco-friendly urban living. The city's strategic location, along the Red Sea coast, positions it as a key player in international trade and commerce.

Additionally, NEOM envisions cutting-edge infrastructure, including state-of-the-art transportation systems and advanced healthcare facilities, to cater to the needs of its residents and visitors alike. The collaboration between India and NEOM presents exciting opportunities for mutual growth and development across various sectors, fostering innovation and economic prosperity on a global scale.