01 October 2018

The Red Sea Development Company (TRSDC), a wholly-owned entity of Saudi Public Investment Fund (PIF), has set up an international advisory board for the development of its ambitious Red Sea Project, along the Saudi west coast.

 The TRSDC advisory board comprises 12 world leaders in various fields such as business, tourism, environmental sustainability and conservation. It will help set The Red Sea Project’s agenda to develop and implement a new international standard in environmental protection and restoration, sustainable development, innovation and luxury tourism.

Completion of Phase One is anticipated by the end of 2022.  

• World-class wellness tourism project unveiled
• Finnish group Pöyry secures SWCC contract
• $293m deal for Al Widyan work
• Red Sea project gets advisory board
• ADA awards O&M deals for Riyadh Metro
• $183bn development projects unveiled

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