Construction Week In Focus: Saudi Arabia's Red Sea Project [2019]

Saudi’s planned Red Sea Project has reached a major milestone on 22 January after its developer, the Red Sea Development Company, received approval for the gigaproject’s master plan from its board of directors.

TRSDC's board is chaired by HRH Mohammad bin Salman bin Abdulaziz Al Saud, Crown Prince of Saudi Arabia, First Deputy Prime Minister, President of the Council for Economic and Development Affairs, Minister of Defense, and chairman of Public Investment Fund (PIF).

The developer, a wholly owned entity of PIF, said the was developed in partnership with US architecture firm WATG, and Buro Happold from the UK.

"Some of the world’s most prominent architecture firms” were also
included, TRSDC added.

In this episode of Construction Week In Focus, Jack Ball senior reporter at Construction Week, details what this masterplan milestone means for the Red Sea Project, and perhaps more importantly, how it fits into the kingdom’s wider plan to boost its tourism credentials.

READ MORE:

* Saudi Crown Prince leads Red Sea project briefing for King: https://bit.ly/2DJsNEk

* Saudi Crown Prince-led board okays Red Sea Project masterplan:
https://bit.ly/2Rt68PY

LISTEN:

* Podcast: Saudi's $500bn Neom and Red Sea gigaprojects advance: https://bit.ly/2Rtvuxg

CAMERA:
Liju Cheravathur

EDITING:
Ashford Fernandez

Some visuals in this video are courtesy:

TRSDC: https://bit.ly/2RXtDWK

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Видео Construction Week In Focus: Saudi Arabia's Red Sea Project [2019] канала Construction Week Middle East