KEY ASKS FROM THE BOARD
Sea Mobility




World’s most advanced, sustainable and efficient port and logistics zone, operated
by an industry-leading, NEOM-branded Global Port and Logistics Operator (GPLO)
What will NEOM Sea Mobility strategy deliver by 2030




  • Develop the world’s most technologically advanced, efficient
    and sustainable port with ~ 5 Mn TEU capacity by 2030

  • World’s first fully integrated port and logistics platform, both physical
    and digital networks

  • Develop a customs-bonded intermodal corridor from NEOM Port
    to Iraq and Kuwait

  • Create a NEOM-branded Global Port and Logistics Operator (GPLO)
    and grow it to become global Top 5 in equity throughput
Subject to subsequent approval of detailed financials
Moonshot 6: World’s most technologically advanced,
sustainable, and efficient port and logistics zone

Capex
(till 2025)
SAR Bn		% of capex to
be contributed
by NEOM		Indicative
IRR
(2030)		Endorsed
 
 		Not endorsed
 
 
Operationalize Duba Port container terminal and develop first
phase of automated terminal with integrated logistics
Set up first phase of warehouse and logistics infra
(seaport and airport logistics park, multi-use warehouse
and reshuffling centers)
Launch West to East trade route and set up a dedicated warehouse,
container yard facility and logistics park at the Iraq border
Create a NEOM-branded GPLO based on flagship home ports
and expand internationally through shipping line partnerships,
organic and inorganic growth
Total
Moonshot 6: World’s most technologically advanced,
sustainable, and efficient port and logistics zone