Oxagon
NEOM's floating industrial city on the Red Sea coast, designed as a hub for advanced manufacturing, innovation, and clean energy industries.
Definition
Oxagon is the industrial and innovation city within the NEOM economic zone, featuring the world’s largest floating structure and designed to host next-generation manufacturing, logistics, and clean energy industries along the Red Sea coast.
Overview
Unveiled in November 2021, Oxagon is shaped as an octagon — hence the name — with a significant portion of its structure extending over the Red Sea. The project is positioned at the southern end of NEOM, near the existing city of Duba, and is intended to redefine the concept of industrial cities by integrating advanced manufacturing with liveable urban communities and sustainable energy systems.
Oxagon’s industrial strategy centres on seven priority sectors: advanced manufacturing, mobility and autonomous systems, water innovation, sustainable energy, construction technology, digital manufacturing, and health and wellbeing technology. The zone aims to attract global manufacturers and technology companies with a combination of regulatory flexibility, logistics advantages (proximity to the Suez Canal trade corridor), and access to abundant renewable energy.
The residential and community elements of Oxagon are designed so that workers and their families live in proximity to industrial zones without the pollution and separation typically associated with industrial cities. The entire zone is planned to operate on 100 percent clean energy, with a focus on green hydrogen production as both an energy source and an export commodity.
Key Facts
| Fact | Detail |
|---|---|
| Announced | November 2021 |
| Shape | Octagonal |
| Location | Southern NEOM, Red Sea coast |
| Key Feature | World’s largest floating structure |
| Priority Sectors | 7 (advanced manufacturing, mobility, water, energy, construction tech, digital, health) |
| Energy | 100% clean energy target |
| Logistics Advantage | Proximity to Suez Canal corridor |
| Parent Project | NEOM |
Role in Vision 2030
Oxagon directly addresses Vision 2030’s goal of developing a competitive industrial base that can generate non-oil economic value and create high-skilled employment for Saudi nationals. The project aligns with the National Industrial Development and Logistics Program (NIDLP) and the broader push to increase the manufacturing sector’s contribution to GDP.
By combining industrial production with a liveable urban environment and clean energy infrastructure, Oxagon represents a new model for industrial development in the Gulf region. It is also central to Saudi Arabia’s green hydrogen ambitions, which aim to position the Kingdom as one of the world’s leading exporters of clean energy.