Red Sea Global Announces Partnership with NAQEL Express by SPL for Logistics Services
The deal helps to ensure smooth operations at The Red Sea, which opened its doors to the world last year.
Riyadh, 7th Feb 2024: Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, has awarded a contract to NAQEL Express By SPL to provide labour and logistics services.
NAQEL Express, a fully owned subsidiary of Saudi Post Logistics, will operate all long-haul and local transportation services for The Red Sea. Additionally, NAQEL Express will provide labour, logistics equipment and supply chain technologies.
As part of the partnership, NAQEL Express will be using exclusively biofueled and electric vehicles. This aligns with RSG’s smart and sustainable mobility strategy, which prioritises the use of electric, hydrogen and biofueled vehicles across the destination wherever possible.
Dr Fadi Al-Buhairan, Acting CEO of NAQEL Express, said: "This collaboration will allow us to support Red Sea Global's regenerative tourism ambitions with our comprehensive range of logistics services. At NAQEL Express, we are committed to sustainability and quality, and we are proud to align with Red Sea Global's goals. We look forward to a successful and fruitful partnership and the opportunities it will bring for further innovation."
The Red Sea will be the world’s largest destination to run solely on renewable energy once fully operational which is part of its wider commitment to carbon neutrality. Five solar farms with 760,000 photovoltaic panels have already been built to power phase one of the destination, including its EV fleet and charging network.
The partnership is set to create more than 500 new employment opportunities within the logistics industry in the Kingdom over the next four years, demonstrating a commitment to developing local economies.
Last year, The Red Sea welcomed its first guests, with two of its hotels now open for bookings. The Red Sea International Airport has been receiving a regular schedule of domestic flights since September. Upon full completion in 2030, the destination will comprise 50 resorts, offering up to 8,000 hotel rooms and more than 1,000 residential properties across 22 islands and six inland sites. The destination will also include luxury marinas, golf courses, entertainment, F&B, and leisure facilities.
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.