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Red Sea Global signs MOC with Saudi Communications Commission


21 Oct 2020


Red Sea Global signs MOC with Saudi Communications Commission


21 Oct 2020


The agreement aims to enhance cooperation between Red Sea Global (formerly known as TRSD) and Saudi Arabia’s Communications and Information Technology Commission for the provision of advanced communications and information technology services

Red Sea Global (RSG), the developer behind the world’s most ambitious regenerative tourism projects, The Red Sea and Amaala, has signed a Memorandum of Cooperation (MoC) with The Communications and Information Technology Commission (CITC).

The MoC establishes a cooperation framework to support the communications and information technology goals of both organizations and the wider aspirations of Saudi Arabia and its Vision 2030.

“We are honored to sign this MoC with The Communications and Information Technology Commission, which is the first step towards a partnership intended to enhance cooperation between RSG and the Commission. This supports our efforts to achieve advanced communications and information technology services for our destination through the exchange of expertise and know-how,”
said Mr. Pagano, CEO, RSG.

RSG is working to ensure that all projects it launches are compatible with the Communications Act, its bylaws and any additional relevant decisions made by the Commission. The Commission will provide RSG with support and assistance in line with its role as the regulator of the communications and information technology sector in the Kingdom.

“At CITC, we are keen to drive innovation in the Kingdom by empowering new digital technologies across all sectors. The signing of this MOC today is just the beginning of a key strategic alliance that will support the delivery of Saudi Arabia’s flagship tourism project”
said H. E. Dr. Mohammed bin Saud Al-Tamaimi, Governor, CITC.

Both parties agreed to determine a general framework for their future relationship and collaboration.

The Red Sea destination will welcome its first guests by the end of 2023. The first phase of the development will include 16 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 - is a closed joint-stock company wholly owned by the Public Investment Fund (PIF) of Saudi 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 a better 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.

The program will last for two years and three months, after which students will obtain an intermediate diploma from Tabuk University accredited by Hong Kong Polytechnic University. This program is designed to prepare students for future jobs by providing a curriculum that combines theoretical knowledge with practical application.

Upon successful completion, RSG and its partners will seek to provide job opportunities to suitably qualified graduates.

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