KEY ASKS FROM THE BOARD
Food




A global community with food at its heart, harnessing
innovation to nourish people and the planet and guaranteeing
food security for generations to come
What will NEOM Food strategy deliver by 2030




  • Climate-proof agriculture with water-efficient fruits and vegetables production systems
    and adapted crops and varieties

  • Global leader in aquaculture through production of high-value marine finfish from the Red
    Sea, and production of sustainable fish feed and bio fertilizers from waste

  • Personalized nutrition enabled by Artificial Intelligence platforms to guide consumers make
    healthier food choices

  • Alternative meat/bread/proteins/dairy productionat factory scale

  • Secure, safe and sustainable food supply and consumption through remote sensing and
    data-driven decision-making platforms (using circular economy principles)
Subject to subsequent approval of detailed financials
Moonshot project 3:
Global leader in climate-proof agriculture, aquaculture,
personalized nutrition and alternative meats and proteins while
ensuring sustainable sourcing and circular economy		Capex
(till 2025)
SAR Bn		% of capex to
be contributed
by NEOM		Indicative
IRR
(2030)		Endorsed
 
 		Not endorsed
 
 
Food Innovation Hub and high-tech greenhouses to enable
agriculture produce for ~80% of the food demand by 2025
Aquaculture systems, insect farming facilities and algae facilities
that will enable aquaculture and fish feed production
Next-Gen Food Park to support a pilot on alternative protein
development (making up ~10% of the food demand by 2025)
Food-Tech Accelerator to develop innovative partnerships and attract
start-ups in food technology including personalized nutrition
Total
Moonshot project 3:
Global leader in climate-proof agriculture, aquaculture,
personalized nutrition and alternative meats and proteins while
ensuring sustainable sourcing and circular economy