Saudi Arabia’s Red Sea mega project awards contracts for international airport
- Date: 14-Jul-2020
- Source: Arab News
- Sector:Real Estate
- Country:Saudi Arabia
Saudi Arabia’s Red Sea mega project awards contracts for international airport
Saudi Arabia's Red Sea mega project awards contracts for international airport
Saudi Arabia's Red Sea mega project awards contracts for international airport
Saudi Arabia's Red Sea mega project awards contracts for international airport
A rendering of Red Sea International Airport. (Courtesy Red Sea Development Company)
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Saudi Arabia's Red Sea mega project awards contracts for international airport
Saudi Arabia plans to develop resorts on 22 islands off the Red Sea coast, offering a nature reserve, coral reef diving and heritage sites
Red Sea Development Co, backed by Saudi Arabia's sovereign fund, the Public Investment Fund (PIF), plans to build the first phase by 2022
Updated 13 July 2020
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RIYADH: Saudi Arabia's Red Sea Development Company said on Monday it had awarded infrastructure contracts for an international airport that is due to open in 2022.
The company, which is developing a huge Red Sea tourism project, said the contracts were awarded to Nesma & Partners Contracting Co. Ltd. and Almabani General Contractors.
Saudi Arabia plans to develop resorts on 22 islands off the Red Sea coast, offering a nature reserve, coral reef diving and heritage sites.
Red Sea Development Co, backed by Saudi Arabia's sovereign fund, the Public Investment Fund (PIF), plans to build the first phase by 2022. It