NEOM ETSD Quarterly Report Q1 2024

ABOUT ETSD

The Engineering & Technical Services Department at NEOM, also known as ETSD, was established in 2019 by the CEO as an independent project governance entity at NEOM, responsible for project governance in key project-related areas such as Quality, Engineering, Estimating, and Planning. NEOM’s Leadership entrusts ETSD with delivering on its mandate effectively and with transparency.

MISSION

VISION

To ensure NEOM’s developments are synchronized, fit for purpose, and delivered to the highest quality, safeguarding the company’s resources andimageintheprocess.Wefosterlasting partnerships, exchange knowledge, and navigate complex challenges alongside our valued partners.

To empower dreamers with truth, knowledge & wisdom, making the impossible possible.

MISS- ION

VIS- ION

PROMISE

MANDATE

Seek knowledge. Synchronize decisions. Safeguard possibility.

The Engineering & Technical Services Department is a project governance entity at NEOM responsible for ensuring the NEOM Portfolio of projects is executed in the best way possible from a technical, cost and quality perspective in line with global standards, benchmarks, best practices, and in line with NEOM’s strategy, vision, and objectives.

PRO- MISE

MAN- DATE

This report is designed to provide a comprehensive update on the progress of ETSD over the past quarter. It aims to inform stakeholders and company leadership of the significant events, accomplishments, and challenges encountered, as well as outline the strategic direction and ongoing initiatives. The current report covers the activities and developments during Q1 2024. During this period, ETSD has navigated several challenges which have shaped its operations and strategic focus.

ETSD QUARTERLY REPORT | Q1 2024

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