Red Sea Global signs MoU with the Saudi Ministry of Environment Water and Agriculture
The partnership will regulate the ongoing regenerative environmental work underway at the destination
Red Sea Global (formerly known as TRSDC), the developer behind the world’s most ambitious regenerative tourism projects, The Red Sea and Amaala, has signed a Memorandum of Understanding (MoU) with Saudi Arabia’s Ministry of Environment, Water and Agriculture (MEWA).
Signed by RSG CEO John Pagano and MEWA Deputy Minister of Environmental Affairs Dr. Osama Ibrahim Fakiha, the MoU will look to implement and regulate RSG’s environmental work and studies.
MEWA, along with an independent third-party consultant, will provide expertise and guidance on the environmental assessments and reports being carried out at the destination, and will facilitate these studies in line with government guidelines.
RSG is underpinned by a commitment to regenerative tourism in its construction and operations. The master plan outlines the development of only 22 islands from more than 90 in the archipelago and aims to deliver a net positive conservation benefit of up to 30 percent by 2040.
In addition, the organisation is committed to powering the destination with 100 percent renewable energy and achieving 100 percent carbon neutrality once fully operational.
As one of the world’s last hidden treasures, The Red Sea is home to some of the most diverse and unique natural environments. The destination is being developed over 28,000 km² of pristine land on Saudi Arabia’s west coast and features a vast archipelago of more than 90 islands, mountain canyons, dormant volcanoes and ancient heritage sites.
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) of Saudi Arabia. It is a vertically integrated real estate developer with a diverse portfolio across tourism, residential, experiences, infrastructure, transport, healthcare, and services. This includes the luxury regenerative tourism destinations The Red Sea, which began welcoming guests in 2023, and AMAALA, which remains on track to welcome first guests in 2025. A third destination, Thuwal Private Retreat, will open this year, and RSG has also been entrusted with refurbishment works at Al Wajh Airport, focused on upgrading the existing terminal and infrastructure, and building a new international terminal. RSG is a cornerstone of Saudi Arabia’s ambition to diversify its economy. Across its growing portfolio of destinations, subsidiaries, and businesses, RSG seeks to lead the world towards a more sustainable future, showing how responsible development can uplift communities, drive economies, and enhance the environment.
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.
