عربي

About us

The Red Sea Development Company (TRSDC) was established in 2018 as a closed joint stock company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia to drive the development of The Red Sea Project, a regenerative tourism destination along Saudi Arabia’s west coast, and one of three giga-projects announced by HRH Crown Prince Mohammad bin Salman bin Abdulaziz Al-Saud in 2017.

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Awards & accreditations

Driving Growth in KSA

We're proud to learn that we ranked as the highest ranking giga-project in Construction Week Middle East's independent review of 'The Top 50 Construction Firms Driving Growth in Saudi Arabia’.

Cityscape MENA intelligence award 2021

We're honored to have won in the KSA hospitality and tourism category of the cityscape MENA intelligence 2021 awards for the awe-inspiring Coral Bloom designs for our hub island at The Red Sea Project.

ISO certification award

We're proud to be awarded ISO31000:2018 certification, the highest available standard in risk management with zero non-conformities. This recognizes our organized and process-driven approach to risk management.

LEED Platinum Certification

We are proud to have completed the first stage of the LEED for Cities (Leadership in Energy and Environmental Design) platinum certification in the ‘Plan & Design’ criteria for The Red Sea Project.

Developer of the Year

We're delighted to have won "The Developer of the Year" and "Excellence in Health & Employee Safety" awards at the Big Project Middle East Awards 2020. This recognizes the exceptional progress we've made in setting new standards in sustainable development and worker welfare at The Red Sea.

LEADERSHIP

The Red Sea Development Company is led by an experienced, multi-national team of real estate developers, engineering professionals, environmental specialists, experienced designers and project finance experts.

VISION 2030

Vision 2030 is a bold blueprint intended to build the best future for Saudi Arabia. It is designed to harness and showcase the nation’s greatest strengths, build upon its leading role at the heart of Arab and Islamic worlds, and help to create a more sustainable economy by forging new and stronger cultural business connections with the world.

THE DESTINATION

Unforgettable luxury

The Red Sea Project will be an exquisite sanctuary offering indulgent experiences, seamlessly customized to the unique needs of each visitor. The site encompasses an archipelago of more than 90 pristine islands, miles of sweeping desert and dramatic landscapes that include volcanoes, and canyons.