OXAGON, NEOM’s Blue Economy Development Center

The attached OXAGON screenshot-cum-infographic reads, in Arabic, as follows:

What is the Blue Economy? It is mainly about taking the advantage of marine potentials and maritime activities on the coasts, as well as over the seas, oceans (on and off-shore) to bring around the sustainable development

Main activities

01 Power generation

03 Fisheries and marine organisms

05 Marine tourism

04 Extracting raw materials from the seas

02 Overseas, oceans’ exploration, mining

As much as $83bln, is the annual income of the worldwide Blue Economy, according to World Bank estimates

3+mln people, the overall Blue Economy workforce, in the world

OXAGON, the largest world man-made as well as industrial floating platform (rig), and a hub to develop the Blue Economy

NEOM, is powered by depending on environment friendly Hydro-energy

NEOM accord with Acwa Power and Air Products worth $5bln

An output of as much as 650 tons, per day, of the Green Hydrogen, in addition to 1.2mln ton of the Green Ammonia

 Facing off the Climate Change challenges, through reducing the Carbon emissions