Preview: Nine in 10 young Saudis look towards tourism and hospitality careers as the country’s economy diversifies

Nine in 10 young Saudis look towards tourism and hospitality careers as the country’s economy diversifies

New report launched today shows the youth’s support for Saudi Arabia’s emerging tourism and hospitality sector

World’s largest battery storage facility will power The Red Sea Project with clean energy 24/7

World’s largest battery storage facility will power The Red Sea Project with clean energy 24/7

New luxury regenerative tourism destination will house a 1000MWh facility

New utilities contract set to power The Red Sea Project with 100 percent renewable energy

New utilities contract set to power The Red Sea Project with 100 percent renewable energy

The Red Sea Development Company secures multinational investment in its first public-private partnership for utilities package focused exclusively on environmentally responsible renewable energy, water production, wastewater treatment and district cooling

The Red Sea Development Company celebrates milestone moment as SAR 7.5bn worth of contracts are signed to date

The Red Sea Development Company celebrates milestone moment as SAR 7.5bn worth of contracts are signed to date

Luxury tourism destination along the Red Sea coast outlines impressive and tangible progress made at the 28,000 km² site, set to open at the end of 2022

The Red Sea Development Company signs MoU with the Saudi Ministry of Environment Water and Agriculture

The Red Sea Development Company signs MoU with the Saudi Ministry of Environment Water and Agriculture

The partnership will regulate the ongoing regenerative environmental work underway at the destination

The Red Sea Development Company signs MOC with Saudi Communications Commission

The Red Sea Development Company signs MOC with Saudi Communications Commission

The agreement aims to enhance cooperation between The Red Sea Development Company and Saudi Arabia’s Communications and Information Technology Commission for the provision of advanced communications and information technology services

The Red Sea Development Company awards contract to The Helicopter Company for a helicopter and associated operating services

The Red Sea Development Company awards contract to The Helicopter Company for a helicopter and associated operating services

The Helicopter Company will provide The Red Sea Development Company with one 14-passenger helicopter and crew for emergency medical services and operational requirements

The Red Sea Development Company signs MOU with King Abdulaziz University

The Red Sea Development Company signs MOU with King Abdulaziz University

The agreement marks the start of a collaborative partnership intended to facilitate a series of initiatives across learning and development, research and development, and CSR projects.

The Red Sea Development Company Launches Sustainability Stewards Initiative

The Red Sea Development Company Launches Sustainability Stewards Initiative

Members of the local community hired to play an active role in the conservation and enhancement of the site

The Red Sea Development Company Announces ‘Ecotecture” Design Competition for Destination’s Coastal Village

The Red Sea Development Company Announces ‘Ecotecture” Design Competition for Destination’s Coastal Village

TRSDC calls on young Saudi designers to take part in architectural competition – offering a unique opportunity to design a new Community Centre for the development’s Coastal Village.

The Red Sea International Airport Takes Off with a Contract Award to Nesma & Partners and Almabani

The Red Sea International Airport Takes Off with a Contract Award to Nesma & Partners and Almabani

The contract has been awarded to support the creation of a sustainable gateway which will open up Saudi Arabia to the world

The Red Sea Development Company Announces Medical Services Contract Award

The Red Sea Development Company Announces Medical Services Contract Award

TRSDC focuses on employee health with the award of a new contract delivering expedient medical services to site workers and their families.

The Red Sea Development Company appoints Averda and Saudi Naval Support Company for the provision of waste management

The Red Sea Development Company appoints Averda and Saudi Naval Support Company for the provision of waste management

Three-year contract prioritizes recycling for the high-profile project which aims for ‘zero waste to landfill’ even throughout construction of phase one

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About The Red Sea Development Company

The Red Sea Development Company (TRSDC - www.theredsea.sa) is a closed joint-stock company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia. TRSDC was established to drive the development of The Red Sea Project, a luxury tourism destination that will set new standards in sustainable development and position Saudi Arabia on the global tourism map.

The project will be developed over 28,000 km2 of pristine land on Saudi Arabia’s west coast and includes a vast archipelago of more than 90 islands. The destination also features mountain canyons, dormant volcanoes and ancient cultural and heritage sites. The destination will include hotels, residential properties, leisure, commercial and entertainment amenities, as well as supporting infrastructure that emphasizes renewable energy and water conservation and re-use.

Activity for the first phase of development, which focuses on enabling the infrastructure to support future work, is well underway. A marine infrastructure contract awarded in July 2019 includes the construction of a 3.3 km crossing to Shurayrah (the main hub) and development has begun at the Coastal Village, which will be home to around 14,000 people who will work at the destination.

The Red Sea Development Company
3rd Floor, Building IN01
ITCC Complex
AlRaidah Digital City
Al Nakhil District 3807
Riyadh 12382-6726
Saudi Arabia