Service Sector

GUDIC facilitates the process of obtaining the necessary licenses for foreign investors in the Kingdom. It does this by providing all services and consultations related to the basic requirements imposed by the competent authorities on each independent service sector. These sectors include contracting services in all their branches, whether civil, industrial, agricultural, or other, as well as health services, such as establishing hospitals, clinics, pharmacies, and services. Tourism, such as establishing hotels, resorts, and restaurants, and the technology sector, such as establishing programming, design, and communications companies, and other sectors that require a special license.

Tourism Sector
In the tourism sector, more than four projects are being worked on, including the Red Sea Project, the Al-Souda Development Project, the Amala Project, and the Coral Bloom Red Sea Project. In the field of housing, the Roshen Project, in the field of sports, the Riyadh Sports Path Project, in health, the Saudi Genome Program, and socially, the non-profit Prince Mohammed bin Salman City Project.

Energy Sector
As for the energy sector, there are more than six projects, including a salt water desalination project using solar energy, a solar panel and cell production plant and a reliability laboratory, a low-power research reactor, a desalination plant with absorption technology, King Salman Energy City, and the Sakaka solar energy project.

Industry: In the industrial sector, work is underway on a composite materials factory to produce aircraft structures, and a Made in Saudi Arabia project.

Industry: In the industrial sector, work is underway on a composite materials factory to produce aircraft structures, and a Made in Saudi Arabia project.

Prince Mohammed bin Salman said at the time, “Today there are fantastic opportunities in the project, a very huge investment capacity targeted at $500 billion, a distinguished location between three continents, and 10 percent of global trade passes from the Red Sea next to the site, in addition to stunning nature, mountains.” Valleys, plains, beaches and islands, and in the winter the mountains are covered with snow, and in the summer the weather is moderate, ten degrees lower than in the rest of the Gulf capitals and cities.” He pointed out that the “NEOM” project site has sufficient sun to produce energy, and it has winds that are among the best sites in the Middle East for winds, and more than two hundred thousand barrels of oil can be extracted from the site itself, in addition to the high gas resources.
He added, "There are nine sectors that the project will focus on, and many new opportunities that we are working on, and we try to work only with dreamers, because this project is not a place for any investor or any traditional company. The project is only for dreamers who want to find something new in this world."
Prince Mohammed bin Salman stated that we started from scratch in planning the city with tomorrow’s technologies. For example, drones will be a means of transportation in the city, and there are many things that are taken into account in the city’s planning of transportation methods, and we cannot be certain today whether there will be cars in the city, or cars from other countries. Without a driver, or no cars at all, and dependent on other technologies? This applies to the rest of the sectors, as there is an opportunity to plan from scratch to build a new city. He said, "We target new sectors that have leadership by supporting and creating them. There are traditional sectors such as entertainment that we try to present differently, and there are non-traditional sectors. We target nine sectors, as I mentioned. We want to have a good share in the future."

Prince Mohammed bin Salman said at the time, “Today there are fantastic opportunities in the project, a very huge investment capacity targeted at $500 billion, a distinguished location between three continents, and 10 percent of global trade passes from the Red Sea next to the site, in addition to stunning nature, mountains.” Valleys, plains, beaches and islands, and in the winter the mountains are covered with snow, and in the summer the weather is moderate, ten degrees lower than in the rest of the Gulf capitals and cities.” He pointed out that the “NEOM” project site has sufficient sun to produce energy, and it has winds that are among the best sites in the Middle East for winds, and more than two hundred thousand barrels of oil can be extracted from the site itself, in addition to the high gas resources.
He added, "There are nine sectors that the project will focus on, and many new opportunities that we are working on, and we try to work only with dreamers, because this project is not a place for any investor or any traditional company. The project is only for dreamers who want to find something new in this world."
Prince Mohammed bin Salman stated that we started from scratch in planning the city with tomorrow’s technologies. For example, drones will be a means of transportation in the city, and there are many things that are taken into account in the city’s planning of transportation methods, and we cannot be certain today whether there will be cars in the city, or cars from other countries. Without a driver, or no cars at all, and dependent on other technologies? This applies to the rest of the sectors, as there is an opportunity to plan from scratch to build a new city. He said, "We target new sectors that have leadership by supporting and creating them. There are traditional sectors such as entertainment that we try to present differently, and there are non-traditional sectors. We target nine sectors, as I mentioned. We want to have a good share in the future."

Oxagon

Last November, Prince Mohammed bin Salman announced the establishment of NEOM Industrial City “Oxagon”, which constitutes another step within NEOM’s main plan, and aims to provide a new model for future manufacturing centers in accordance with NEOM’s strategy of redefining the way humanity lives and works in the future.
Prince Mohammed bin Salman said that the “Oxagon” industrial city will be a catalyst for economic growth and diversification in NEOM in particular and the Kingdom in general, which meets our ambitions to achieve the goals of “Vision 2030.”
He added that NEOM Industrial City will contribute to redefining the world’s orientation towards industrial development in the future, along with its contribution to protecting the environment, creating new opportunities for work and achieving growth. Oxagon will also participate in supporting the Kingdom in the field of regional trade, in addition to supporting international trade flows. Global trade in the region.
He said, "I am pleased to see that development and work have already begun on the industrial city's land, and I look forward to seeing its rapid expansion." Qiddiya Prince Mohammed bin Salman announced in 2017 the launch of the project of the largest high-quality cultural, sports and entertainment city in the Kingdom, in the Qiddiya area southwest of the capital, Riyadh. It is the first of its kind in the world with an area of 334 square kilometers, including a major safari area. He said that this city will become a prominent cultural landmark and an important center for meeting the recreational, cultural and social desires and needs of the future generation in the Kingdom.
He explained that this pioneering and most ambitious project in the Kingdom comes within the plans aimed at supporting the Kingdom’s Vision 2030 by creating qualitative and distinguished investments within the Kingdom that serve the nation and the citizen, and contribute to diversifying the sources of national income, advancing the progress of the Saudi economy, and creating more job opportunities for young people. He stated that the project will bring about a qualitative shift in the Kingdom, and supports the state’s wise directions and vision aimed at achieving greater prosperity and progress for society, and moving forward in raising the level of services in the capital, Riyadh, to become one of the 100 best cities to live in the world.
He stressed that the project represents strong support and an important incentive to attract visitors as the capital of future adventures, and it will become their first choice and favorite destination, as it offers many qualitative activities that were chosen with great care and designed with the latest advanced international specifications to achieve a healthy and full life, and add more entertainment, joy and fun. The project is expected to include Six Flags Entertainment City as one of the main attractions in the project.
Prince Mohammed bin Salman expected that the Qiddiya project would achieve valuable economic and social benefits to achieve the advancement and advancement that society aspires to, as it is the best important entertainment destination that offers various options that attract families and friends to enjoy spending the most beautiful times, by providing distinguished sporting activities that support the energies of youth. It motivates them to excel in regional and international sports competitions, discover and develop talents, hone the skills of Saudi youth and develop their abilities in various sports and educational fields.
This is in addition to its role in opening up broader fields and broader horizons for lovers of land trips, landscapes, and outdoor activities, and supporting car racing enthusiasts to practice their favorite hobbies in a useful and safe manner by providing safe racetracks and roads with high international standards. The Qiddiya project includes four main groups: entertainment, motor sports, sports, and housing and hospitality. The project provides ideal and diverse environments that include water adventures, outdoor adventures, and an enjoyable land experience, in addition to motor sports. For fans of autodrome and speed sports, it will host fun car events throughout the year, exciting sports competitions, and virtual reality games with 3D hologram technology, in addition to a series of the finest architectural buildings and hotels with the best international standards and specifications, with a charming view and elegant design to provide more comfort and harmony for visitors.

The project is decorated with the availability of the most famous restaurants and international brands to enjoy the most beautiful times of shopping, and a world of adventures. This project is one of a series of major projects to support and develop large and new sectors in the Kingdom and achieve an investment return for the Public Investment Fund.