Saudi Arabia is talking to some of the world's largest companies in the development of technology, in order to generate strength in the future of future on the Red Sea. The country has planned to build a city worth $ 50 billion on this sea.
In a interview with Bloomberg News in capital Riyadh on Wednesday, Saudi Prince Mohammad bin Salman said this plan. Yuvraj said Saudi Arabia has been talking to some of the world's biggest companies for the development of technology. Among them are Amazon.com, Alibaba Group and Airbus organizations. These initiatives have been taken to accelerate the lives of the new City, built in the city of $ 50 billion, on the coast of the Red Sea.
This metropolitan city will be developed as part of a development plan named 'Rules'. Salman has released this development plan project on Tuesday. The project will be opened for business by 2025. But some work may start by 2020.
The 32-year-old Prince said, "We are talking to all." They are in touch with the big companies involved in this work, he said.
For half a century, the economy of Saudi Arabia is floating on oil! So far, the money earned by exporting oil at the root of the country's driving force. The cost of monarchy is also met. So the biggest oil exporter in the world, walking on the path of reform to reduce dependence on oil and bring economic diversity. Because, natural resources one day or one day will run out.
So suddenly, modernizing the conservative state, Saudi Arabia has looked at reforms. In the last two years, the government has lifted restrictions on the sale of the state-run largest oil company Aramco and the driving of women. Later this week, the announcement of the project to build this metropolis.
On Tuesday, a promotional video was published on this project. There is no similarity to the life style of the city in which the city of present day Saudi Arabia is present. In the video clip, women's jogging suites have been shown to exercise in the open space, work alongside men and play musical instruments.
Regarding having planned artificial intelligence and internet facilities in this metropolis, Yuvraj said, "Your medical files, your home, family-even car papers can be found in all places." How can you get better services, According to this method will be developed.
The dream of Prince Mohammad is to develop a city operated by the app, which will work automatically according to the needs of the city dwellers.