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RIYADH (Reuters) – Saudi Arabia's King Salman arrives for a holiday in NEOM, the $ 500 billion flagship business area that he said his heir apparent on Friday. .
Visitors watch a 3D presentation during an exhibition on 'Neom', a new business and industrial city, in Riyadh, Saudi Arabia, October 25, 2017. REUTERS / Faisal Al Nbader
The royal family has traditionally spent much of the French Riviera, Marbella in southern Spain and Tangier, Morocco.
Prince Mohammed bin Salman Crown announced plans for the 26,500 square km (10,230 square mile) futuristic high-tech hub state dependency.
The authorities have announced that they are prepared to invest in NEOM, major, concrete business ventures have not yet been announced.
A statement made by the state news agency said the king would "spend some time in rest and recreation" in NEOM but gave no details.
It did not specify where the 82-year-old monarch would stay. However, in February, sources told Reuters that the government had asked the crown of the king for the king, crown prince and other senior royals on the Red Sea coast about 150 km (95 miles) west of the city of Tabuk. These would be among the first contracts awarded for NEOM.
A design document seen by Reuters shows opulent buildings with modern and traditional Moroccan-style architecture featuring Islamic designs and colorful ceramic tiles. The complex of palaces is set to include helipads, a marina and a golf course.
The royal court did not immediately respond to questions about the current status of construction in NEOM, which is largely inaccessible to civilians. At least some of the palaces are believed to be completed in a matter of months, at undisclosed cost.
Reporting by Marwa Rashad and Stephen Kalin; Editing by David Stamp
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