Saudi Crown Prince’s $500bn Neom high-tech hub is seeking to lure international interest as the project gathers pace, Bloomberg reported.

In an attempt to do so, executives from the megaproject have invited bankers, investors, private equity firms, and construction suppliers for an event in New York which is set to take place in April.

During the event, executives will discuss Neom’s vision of urban design which includes an industrial development that floats on the Red Sea, schemes for a car-free linear city, a mountain ski resort with an artificial lake — all to be powered by renewable energy.

Read more: Arab News