Red Sea Global awards contract for destination transport links
Binyah will design and build roads, highways and connecting junctions throughout the destination
Red Sea Global RSG (formerly known as TRSDC), the developer behind one of the world’s most ambitious tourism projects, has awarded a contract to Binyah, a leading Saudi Arabian contractor, to begin the construction of the coastal and inland connecting road links at the destination.
After a competitive tender, the contract was awarded to design and build 77km of roads, including a 10km highway, a 13km airport access road, interconnecting roads within the destination and an access road to the bridge connecting the main hub island.
“We’re very pleased to be able to award a contract to Binyah to begin the construction of the road network at the destination,” said John Pagano, CEO at Red Sea Global. “The partnership furthers RSG's commitment to supporting local companies, as well as our ongoing contribution to creating growth and employment opportunities within the Saudi Arabian construction sector.”
“We value this partnership with the prestigious Red Sea Project and look forward to contributing to the realization of Vision 2030,” said Fahad Al Mesfer CEO of Binyah. “We are committed to providing the infrastructure that meets the highest international standards.”
The construction, which is due for completion by the end of Q3 2020, will be closely monitored by RSG's environmental team at all stages of the development, ensuring compliance with the destination’s strict sustainability and environmental guidelines. All building work will ensure that the area’s sensitive wadi ecosystems are protected and will take place in areas designated as Development Zones in the marine spatial planning simulation, conducted during the first phase of development.
The Red Sea Project will welcome its first guests by the end of 2023. The first phase of the development will include 14 luxury hotels offering 3,000 rooms across five islands and two inland locations. It will also include entertainment facilities, an airport, and the necessary supporting logistics and utilities infrastructure. Work is already underway at the destination with the development of key supporting infrastructure and accommodation for the workforce and company employees deployed to manage construction.
About Red Sea Global
Red Sea Global (RSG - www.redseaglobal.com) is a closed joint-stock company wholly owned by the Public Investment Fund (PIF) ofSaudi Arabia.
RSG is a global multi-project developer, seeking to lead the world towards a more sustainable future, showing how responsible and regenerative development can uplift communities, drive economies, and enhance the environment. The protection of natural capital is central to all development decisions, as the organization seeks to create abetter future for all.
A cornerstone of Saudi Arabia’s Vision 2030 ambition to diversify its economy, RSG is playing a key role in transforming the nation, by creating exciting opportunities for young Saudi talent and the private sector, as it develops built assets and destinations across multiple sectors that make a positive impact for people and planet.
RSG is the visionary company behind some of the world’s most ambitious development ventures, including luxury regenerative tourism destinations such as The Red Sea and AMAALA.
Across its portfolio, RSG leverages the most innovative concepts, strategies, and technologies to deliver projects that actively enhance the wellbeing of customers, communities, and environments.
