Saudi Arabia has announced plans to build “Oxagon,” a port and logistics hub that will be the world’s largest floating structure, as part of the ambitious Neom project.
Oxagon will be one of ten districts within the Neom development zone in northeastern Saudi Arabia. Positioned on the Red Sea, it aims to capitalize on the strategic shipping advantages offered by the nearby Suez Canal. The city will function as a port and logistics center supporting the broader Neom initiative—a renewable energy-driven region that is a key part of Saudi Arabia’s Vision 2030 plan. This plan focuses on economic diversification and reducing dependence on oil.
Oxagon will feature a distinctive octagonal design, combining land-based developments with a large extension into the Red Sea. According to the Neom project developers, the offshore segment will be the largest floating structure in the world, separated from the mainland by a shipping canal. The floating city is planned around a water-filled square connected by a small canal and will include a cruise terminal and an oceanographic research center.
Saudi Crown Prince Mohammed bin Salman stated, “Oxagon will become a catalyst for economic growth and diversification within Neom and across the kingdom, advancing our ambitions under Vision 2030.”
The Crown Prince also emphasized that “Oxagon will redefine how industry develops globally, protect the environment, and generate new employment and growth opportunities for Neom.” The project is expected to boost Saudi Arabia’s role in regional trade and commerce, establishing a new hub for global trade flows.
Oxagon will be part of the larger Neom development, which includes controversial projects such as Luca Dini Design and Architecture’s luxury island, ski resorts designed by Zaha Hadid Architects, UNStudio, Aedas, LAVA, and Bureau Proberts, as well as “The Line,” a 170-kilometer-long linear city.
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