Gulf Construction Online - Amaala records over $1.7bn contracts to date

Saudi Focus

The first phase of Amaala is focused on the Triple Bay masterplan.

Amaala records over $1.7bn contracts to date

01 October 2022

The Red Sea Development Company (TRSDC), the developer behind ultra-luxury tourism destination Amaala, has announced tangible progress across the development, with over 300 contracts signed to date, worth in excess of SR6.62 billion ($1.7 billion).

More than 98 per cent of the total contract value has been awarded to Saudi firms, highlighting the organisation's commitment to strengthening the local economy. These include agreements for the design and build of state-of-the-art accommodation and facilities at the destination for future employees. An additional SR6.1 billion worth of contracts is currently out to tender, across 54 proposals.

“Surpassing 300 contract awards underscores the scale of this project and the significant progress being made as we press ahead with activity on the ground to bring our destination to life,” said John Pagano, Group CEO of TRSDC.

Spanning over 4,155 sq km of pristine terrain and set within the Prince Mohammad bin Salman Natural Reserve, the first phase of Amaala is focused on the Triple Bay masterplan. Eight hotels and upwards of 1,200 hotel keys are set for completion in 2024.

Work is well under way on site to progress the enabling infrastructure and groundwork required to develop the destination, with more than 2,400 staff already on site and 9.9 million manhours logged to date. This includes the successful completion of 11 km of roads ahead of schedule to better connect the site. The entrance for Triple Bay is expected to be completed this month (October).

The first section of the Construction Village, a home to 5,000 construction workers, is now operational. An additional two sections are in progress to provide accommodation for a further 10,000 workers. Secondary infrastructure works are also in progress for the development of the first phase of Amaala’s world-class accommodation at the Employee Village in Triple Bay, set to accommodate nearly 20,000 employees who will eventually operate the destination.

Construction on the destination’s transport links has also commenced, with the airside infrastructure works for the destination’s new airport progressing on schedule.