Red Sea Global awards Saudi AMAALA project with $ 6.13 bn in contracts 

RIYADH: AMAALA, a project in Saudi Arabia, being developed by Read Sea Global (RSG), has achieved great achievement with over 600 contracts amounting to $ 6.13 bn to global partners. It is expected that the project will be ready to host its first guests by 2025 and the aim is to facilitate the development of luxury tourism sector along the Red Sea coast. Al-Rawabi Hassan Allam, Shapoorji Pallonji Group, DEPA Group, Alec Engineering, and Al-Ayuni Investment and Contracting Co. are the key partners for this project.  

RSG’s vision emphasises building luxury and wellness destinations while focusing on sustainability and associating with local communities. CEO John Pagano pointed out the progress of the project in various areas, especially in resorts, utilities, and infrastructures, with focus on regeneration and sustainability.  

Once developed fully, AMAALA will have about 30 hotels with almost 4,000 rooms, luxury villas, apartments, and estate homes. The development also involves substantial progress on Triple Bay Marina Village, where the iconic structures like Equinox Resort and AMAALA Yacht Club are in its final stages of construction.  

The project will fully depend on solar energy to align with Saudi Arabia’s environmental goals. Infrastructure developments amounting to 35 kilometers of internal roads, power, water, irrigation and communication systems, are nearing completion, with full energization expected by December. RSG also aims to plant 3 million trees and shrubs in pubic spaces by the end of the year.  

Luxurious resorts like Jayasom, Clinique La Prairie, Rosewood, Six Senses and the Four Seasons will be part of the wellness aspects of the project. A newly approved AMAALA hospital will be dedicated to provide healthcare services to both visitors and the residents.  

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