THE RED SEA DEVELOPMENT COMPANY
KEY PARTNERS IN RED SEA PROJECT DELIVERY
Jewel in KSA tourism With its clear coral-stacked waters , the Red Sea Project will be a jewel in KSA ’ s tourism crown . Tourism numbers will be restricted to one million travellers a year . The site has attracted plenty of interest among divers , including Philippe Cousteau , who sits on its advisory board .
“ You carry premium once you create scarcity , plus the natural beauty of the geography , lends itself to a luxury tourism project ,” he said .
Today , it is halfway through construction of phase 1 . Three hotels are scheduled to open at the end of 2022 , and another 13 due to be completed by the end of 2023 .
Foster + Partners has designed over 80 % of phase 1 works Saudi Amana Contracting has built a 150-room hotel as accommodation for management workers and third party visitors NESMA & Partners Contracting Co . and Almabani are the appointed JV operators for the airside works on the Red Sea International Airport King Abdullah University of Science and Technology ( KAUST ) has been a key partner since 2017 and its relationship has evolved into a mutually beneficial environmental-access-andresearch alliance Stower has integrated platforms and the project uses Primavera P6 EPPM , which helps manage and execute projects Aconex , bought by Oracle , is another solution in operation and recognised standard in the Middle East
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