Legal Discipline for Environmental Feasibility in Neom Investment Projects

Abstract

If the economic feasibility is the main aim of establishing investment projects, therefore an important element that has emerged in our world today is more important than the economic aspect, which is the environmental aspect. So, we had to take into account the environmental feasibility of future investment projects by formulating a legal system to regulate them, aiming to achieve profitability.  Environmental investment projects, i.e. achieving an environmental product that contributes to enhance environmental conditions and achieving sustainable development.

      This research will deal with the study of environmental feasibility and its importance in the study of investment projects in general, in addition to concentrating on the investment projects of the city of NEOM in particular, where we divided the research into three sections.  In the environmental feasibility study, as for the third topic, it included a proposed project for a legal system to evaluate NEOM investment projects.