Red Sea Development Company News
Red Sea Development unveils ambitious battery power plans
The Red Sea Development Company has announced plans for the largest battery storage facility in the world to enable the entire site to be powered by renewable energy, 24 hours a day.
Red Sea Development signs clean energy deal with ACWA Power
The Red Sea Development Company, the developer behind the one of the most ambitious regenerative tourism projects in the world, has awarded its highest-value contract to date.
Red Sea Development awards US$2bn in contracts
Since the company’s inception in 2017, over 70 per cent of the total value of contracts have been awarded to Saudi firms, highlighting a commitment to strengthening the local economy.
Red Sea Development to drive tourism in Saudi Arabia
John Pagano, chief executive of the Red Sea Development Company, has argued tourism has a vital part to play in the future of Saudi Arabia during the Future Hospitality Summit in Riyadh.
Red Sea Development signs new Saudi partner
The Red Sea Development Company has awarded a contract to the Helicopter Company in Riyadh for the provision and operation of an AW139 helicopter.
Red Sea Development signs new King Abdulaziz University partnership
The agreement marks the start of a collaborative partnership intended to facilitate a series of initiatives across learning, development and research.
Red Sea Development Company awards airport construction contract
The Red Sea Development Company has awarded its largest value contract to date for airside infrastructure works at the project’s international airport. The facility is set to open in 2022.
Red Sea Development awards waste management contract
The Red Sea Development Company has awarded a solid waste management contract to a joint venture between leading waste management company Averda and the Saudi Naval Support Company.
Red Sea Development Company signs Saudi social partnership
The Red Sea Development Company has signed a memorandum of understanding with the ministry of human resources and social development in Saudi Arabia.
Red Sea Development marks hotel locations
This activity informs the positioning of overwater assets, including villas, restaurants and hotel arrival points for three hotels on Sheybarah South and Ummahat Al Shaykh islands.
Red Sea Project unveils plans for Coastal Village
Officials at the Red Sea Development Company have unveiled plans for a Coastal Village as part of the wider development. A key part of phase one of the project, the location has been finalised in partnership with HUTA Hegerfield and Saudconsulting Services and will cover a total area of 1.5 million square metres.
Red Sea Project marine planning wins praise
A paper detailing the marine spatial planning models that informed master planning of the Red Sea Project has been published in the scientific journal Frontiers in Marine Science.