Neom City 'Trojena' Also Kicks Off... Following 'The Line', Orders Expected

[Asia Economy Reporter Noh Kyung-jo] The development of the mountain tourism complex 'Trojena,' one of the components of the Saudi Arabia NEOM City project, has been set in motion. Although it will take time for detailed orders to be issued, industry insiders in overseas construction have reported that Trojena is being closely watched with as much interest as the self-sufficient linear city 'The Line.'

According to foreign media on the 17th, NEOM recently signed a strategic agreement with the UK-based hotel and resort specialist company GHM to manage 'Chedi Trojena.' GHM will be responsible for the management of Chedi Trojena.

Perspective view of 'Trojena,' one of the Neom City projects / Image source=Neom official website

Chedi Trojena is located within the slope residences at the mountain summit. It is expected to be part of one of the six clusters of Trojena and become part of the residential village. Foreign media reported that the slope residences will offer various experiences including sports, adventure, health, and longevity, along with a permanent view of Trojena Lake.

NEOM aims to open Trojena, which was selected as the host site for the 2029 Winter Asian Games, by 2026. Construction of Trojena reportedly began last month.

South Korea's expectations for winning orders for NEOM City have increased following Crown Prince Mohammed bin Salman's visit to Korea last year. In particular, it is anticipated that orders will continue to be won centering on The Line. A consortium of Samsung C&T and Hyundai Engineering & Construction has already secured and is progressing with the railway tunnel construction for The Line. A public-private joint 'Team Korea' has also been formed.

Industry insiders said that construction companies can sufficiently participate as contractors in the development of Trojena as well, and they are closely monitoring order trends. Since it is the site of the Winter Asian Games, construction companies with reliability and technical skills will be needed, and South Korea is considered competitive. One official said, "GHM is expected to act as a kind of developer. Because the project scale is so large, orders will inevitably be divided and issued separately, so we are maintaining continuous interest."

Meanwhile, the NEOM City project is part of Saudi Arabia's 'Vision 2030,' announced by the Saudi government to move away from an oil-centered economic structure. It involves building a city in the northern Tabuk region with an investment of $500 billion, aiming to be larger than Abu Dhabi.

This content was produced with the assistance of AI translation services.