Another one of Saudi Arabia’s gigaprojects has also made progress in 2019. The Red Sea Development Company (TRSDC), developer of The Red Sea Project, announced the approval of the project’s masterplan, designed by the US’s WATG, and Buro Happold from the UK, in January.
According to its website, TRSDC's board is chaired by HRH Mohammed 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 company is a wholly owned entity of PIF, and is overseeing the development of the multi-phase The Red Sea Project.
Phase 1 of the scheme is due to complete in 2022 and includes 14 luxury and hyper-luxury hotels that will comprise 3,000 rooms, all across five islands and two inland resorts. TRSDC said its masterplan preserves 75% of the destination’s islands for conservation, and designates nine islands as sites of significant ecological value. The masterplan’s creation required several redesigns to avoid potentially disrupting endangered species native to the area.
Masterplan approval was followed by TRSDC’s chief executive officer, John Pagano, opening a base camp at the site of The Red Sea Project, as the company announced on its LinkedIn page in February 2019.