Everything we know about Neoma, Saudi Arabia's large-scale architectural landmark, sounds like science fiction. Flying elevators, zero-carbon zones, and swimming as a way to get to work-none of this has ever been seen before on the scale envisioned by Crown Prince Mohammed bin Salman (MBS), Fortune reported.
Now the futuristic city is trying to entice managers to head up growth industries like tourism and technology with annual pay of up to $1.1 million, the Wall Street Journal reports, based on an internal Neom document. And that number could get much higher if bonuses and other incentives are included.
Neom is one of Prince's efforts to diversify Saudi Arabia's economy, which is the world's largest oil exporter. According to the Wall Street Journal, to create the image of a more welcoming host, Neom will also serve alcohol at one of its resorts, a milestone for the Islamic kingdom, where alcohol is banned.
Saudi Arabia is also hoping to attract new talent thanks to the complete absence of income tax, which means executives will be able to keep their entire million-dollar salaries. The project says it has already hired a number of experts from around the world.
Neom, which is expected to be the size of Belgium, , has a wide range of positions for project managers, including marine biologists, drainage engineers and others. Some are related to Line, an ambitious 1,600-foot tall structure that will house 9 million residents.
MBS announced Neom back in 2017 with a total budget of $500 billion. Reuters reports that the first phase of the project will cost $319 billion, half of which will be provided by the sovereign wealth fund.
















