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RIYADH: Saudi Arabia’s NEOM gigaproject unveiled another Magna luxury lifestyle destination on Wednesday.

The development is part of NEOM’s regional sustainable portfolio and will be developed with a central focus on state-of-the-art technology, world-class architecture and ultra-modern amenities that blend seamlessly with nature, a press release said.

Magna is located on the stunning coastline of the Gulf of Aqaba and includes the recently announced major destinations of Leyja, Epicon, Siranna, Utama, Norlana, Aquellum, Zardun, Xaynor, Elanan, Gideri, Treyam and Jaumur.

NEOM CEO Nadhmi Al-Nasr said: “Neom’s prime coastal Magna region is a treasure of tomorrow, full of natural beauty and advanced technology. In line with our three pillars of redefining business, conservation and living, Magna will play a key role in building a strong tourism ecosystem within NEOM. Importantly, Magna will make a positive contribution to efforts to diversify the national economy and to the broader goals of Saudi Vision 2030, helping to position the Kingdom as a leader in luxury tourism.”

According to a press release, the 12 destinations will span 120 km and are poised to set a new global standard in luxury sustainable tourism.

“Each destination is individually unique, with its own offer for residents and guests, but seamlessly merges into a single destination. They will be bound together by the conservation, preservation and rejuvenation of indigenous flora, fauna and breathtaking natural landscape,” it said.

The development will comprise 15 luxury hotels, 1,600 hotel rooms, apartments and suites and more than 2,500 premium residences in its destinations.

In line with the transformative Saudi Vision 2030, Magna and its destinations will boost the Kingdom’s economy by creating 15,000 jobs in the tourism, leisure and hospitality sectors.

The development is projected to contribute SR 2.6 billion (US$690 million) to the Kingdom’s GDP by 2030, accommodate 14,500 residents and welcome more than 300,000 overnight visitors annually.

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