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The Red Sea Development Company Appoints Saudi Joint Venture to Finalize the Coastal Village Community Center Designs

Monday, 09.08.2021

 

The contract showcases TRSDC commitment to supporting local businesses and strengthening the Saudi economy 

 

Riyadh, (09 August 2021): The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project, has awarded a contract for finalizing the designs of The Red Sea Project (TRSP)’s Coastal Village community center to a joint venture Saudi Arabian team. 

The contract was awarded to Saudi firms Talal Kurdi Consultants (TKC) and Focal Building Solutions (FBS), showcasing TRSDC’s commitment to supporting local businesses and strengthening the Saudi economy.

We are very pleased to collaborate with TKC and FBS on this venture. The Coastal Village is a central hub for employees to live, work and relax and the community center will be an integral part of providing a vibrant neighborhood for residents, their family members and visitors



said John Pagano, CEO of TRSDC.

“We were impressed by the high quality of the offered tender which showed a profound understanding of the local culture and met TRSDC’s exacting standards, particularly in the area of sustainability,” he added.

Executive Director of TKC, Tarek Talal Kurdi explained: “TRSDC’s high standards encouraged and motivated us to showcase the advanced abilities that we as a Saudi firm possess. Following TRSDC’s vision and utilizing our passion for design and innovation, we believe that this project will introduce a new inspiring visual, physical and lifestyle experience.”

Sara A. Batterjee, Founder and General Manager of FBS also commented on the award: “This project is very special to us as it falls in the western region along the Red Sea Coast where our head office is located. We feel proud to be part of the development happening in this part of Saudi, where we have a deep understanding of the culture and the hidden treasures located there.”

The contract was awarded after a competitive tendering process, which saw five other Saudi boutique architectural firms including Azaz Architects, Clear Studios, M3N Design + Architecture, and M. Suqer & M. Albahkali Engineering Consulting Co. on the shortlist, demonstrating the strong interest from the Saudi private sector to be a part of key Vision 2030 projects.

The state-of-the-art community center was designed by Naif Alghanamm from King Saud University, the winner of TRSDC’s Ecotecture Design Competition. As part of its efforts to engage young talent from within the Kingdom, TRSDC invited Saudi ‘s brightest architecture students to submit designs for the center. The Ecotecture Design Competition received over 600 entries.

“Creating opportunities and fostering a culture of high performance for younger Saudis is an important pillar for us and underpins our commitment to supporting Saudi Arabia’s Vision 2030”, added Pagano.

TRSDC has awarded to date more than 500 contracts to international and local firms. Collectively worth around SAR 17 billion ($4.5bn), over 70 percent of these contracts were awarded to Saudi companies.

The Red Sea Project has already passed significant milestones and work is on track to welcome the first guests by the end of 2022, when the international airport and the first hotels will open. Phase one, which includes 16 hotels in total, will complete in 2023.

Upon completion in 2030, The Red Sea Project will comprise 50 resorts, offering up to 8,000 hotel rooms and more than 1,000 residential properties across 22 islands and six inland sites. The destination will also include luxury marinas, golf courses, entertainment and leisure facilities.

About The Red Sea Development Company

The Red Sea Development Company (TRSDC - www.theredsea.sa) is a closed joint-stock company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia. TRSDC was established to drive the development of The Red Sea Project, a luxury, regenerative tourism destination that will set new standards in sustainable development and position Saudi Arabia on the global tourism map.

The project is being developed over 28,000 km2 of pristine lands and waters along Saudi Arabia’s west coast and includes a vast archipelago of more than 90 pristine islands. The destination also features sweeping desert dunes, mountain canyons, dormant volcanoes, and ancient cultural and heritage sites. It is designed to include hotels, residential properties, leisure, commercial and entertainment amenities, as well as supporting infrastructure that emphasizes renewable energy and water conservation and re-use.

Activity for the first phase of development is well underway and is on track to be completed by the end of 2023. The project has surpassed significant milestones, with over 500 contracts signed to date, worth some SAR 17 bn ($4.5bn).

The 100-hectare Landscape Nursery, which will provide more than 15 million plants for the destination, is now fully operational. There are more than 8,000 workers currently on-site and 80km of new roads are now complete. The Construction Village, set to house 10,000 workers, is now open and development is progressing well at the Coastal Village, which will be home to around 14,000 people who will eventually work at the destination.