The Red Sea Development Company (TRSDC), the developer behind one of the world's most ambitious tourism initiatives in Saudi Arabia, has awarded its largest value contract so far for airside infrastructure works for the destination’s international airport set to open in 2022.
The contract was awarded following a competitive tendering process to a joint venture between leading Saudi Arabian contractors Nesma & Partners Contracting Co. Ltd and Almabani General Contractors, both of whom have a strong track record for delivering similar projects in the region.
“The Red Sea Development Company is making huge progress in the development of a world leading destination and by awarding our largest contract to date, we take another significant step in this direction, while demonstrating our ongoing commitment to creating opportunities within the Saudi Arabian construction sector,” said John Pagano, CEO of TRSDC.
“Turning our vision into reality will require us to work with organizations that share our values and our uncompromising commitment in enhancing the environment. This was a key consideration when appointing Nesma & Partners Contracting Co. Ltd and Almabani General Contractors. Both our partners have impressive expertise in delivering airside infrastructure, coupled with both local and international experience,” Pagano added.
TRSDC is the developer behind The Red Sea Project, an ultra-luxurious and sustainable touristic destination, planned to be accessible by 80 percent of the world’s population in less than eight hours off the coasts of Saudi Arabia. It is currently on track to welcome its first visitors by the end of 2022.
The project is one of Saudi Arabia’s three mega-projects aimed at boosting its tourism sector announced in October 2017, along with the megacity NEOM and Amaala, another resort on the Red Sea.