Saudi Arabia's Jaumur Marina Resort and Neom Initiative
Saudi Arabia is planning an extravagant marina resort called Jaumur for the world's biggest superyachts, part of the Neom initiative. The project includes luxury villas, apartments, hotels, and aerofoil for yacht protection. However, the initiative has faced criticism for reported plans to forcefully evict locals to make way for the development.
Key Points
- Jaumur will house over 6,000 residents near their superyachts
- Plans include 700 luxury villas, 500 apartments, and two hotels
- Aerofoil for yacht protection and entertainment provisions
- Part of Saudi Vision 2030 initiative spearheaded by Crown Prince Mohammed bin Salman
Pros
- Luxurious and exclusive billionaire community
- Aiming to host world's largest superyachts
- Part of Saudi's ambitious Neom initiative
Cons
- Controversy surrounding reported use of force to evict locals for development
- Criticism over potential human rights violations
- Massive scale and cost of the project