Dr. Bakri Bin M'atoog Assas, Umm Al-Qura University President, pointed out that the project of future city "NIOM Project" promulgated by his Excellency Crown Prince Mohammed bin Salman bin Abdulaziz, Deputy Premier and Minister of Defense, go in accordance with the ambitious aspirations of the kingdom vision of becoming an international pioneering model in various aspects of life through concentrating on adopting value chains in industries and technologies used in the project.

Dr. Assas asserted that the project reflects the strategic goals of the National Transformation plan of the kingdom 2020 as one of the main pillars of the realization of Saudi Vision 2030 that shall in turn participate in transforming the kingdom into a pioneering country in modern technical industries in all its forms. 

He added that NIOM Project shall concentrate on nine specialized investment sectors that aim to promoting the future of the human civilization represented in energy and water future, transportation future, biotechnology future, food future, digital and technical sciences future, developed manufacturing future, Media future, entertainment future, and living future which represents the bedrock for other sectors. This shall enhance growth and achieve economic variation, in addition to conducting manufacturing processes, and innovating and mobilizing local industry to the international level.   

The University President also signaled that the project is located on the northern west of the Kingdom, on a space of 26.500 km2, on the north and west it looks on the Red Sea and Aqaba Gulf for 468 km. The project connects Saudi Arabia with Jordon and Egypt through Aqaba Gulf and the Red Sea to promote the integration between the countries.  

Dr. Bakri Assas also touched upon the amounts of money dedicated to this vital project stating that they are about half of trillion dollars, which is equal to one trillion, eight hundreds, and seventy five billion Saudi Riyal. This sum is funded from the Public Investments Fund and local and international investors. The project shall provide work opportunity for the youth in addition to giving a chance for national start-ups to invest in this huge project and to increase the GDP of the Kingdom. 

His ended his statement praying to God to impart bestow safety, prosperity, and stability to the country under the leadership of Custodian of the Two Holy Mosques King Salman bin Abdel-Aziz Al-Saud, and his Crown Prince.