The Red Sea Project
- Entered by: The Red Sea Development Company
- Owner: The Public Investment Fund
- Developer: The Red Sea Development Company
- Project Partners: Numerous international and Saudi Arabian companies
The Red Sea Development Company (TRSDC) is the developer behind Saudi Arabia’s flagship international regenerative tourism initiative – The Red Sea Project. A central pillar of the country’s Vision 2030 and the nation’s ambition to diversify its economy, it will place Saudi Arabia firmly on the global tourism map and provide visitors with an unparalleled variety of immersive experiences delivered to the highest standards of personalized, luxury service. As one of the world’s last hidden treasures, The Red Sea Project 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. The Red Sea Development Company is committed to being pioneers in project delivery through BIM and digital ways of working, improving customer experience through the development of a Digital Twin as part of Smart Destination Strategy. The project is already on the path to internationally recognised certification through best practice processes and is setting standards within the region.