According to the Chief Financial Officer of Amaala Jay Rosen, the first phase of the project will be completed by 2024. Meanwhile, construction camps are preparing with a 5,000 unit construction village for contractors. In February, a contract has been signed with Haif Trading and Contracting Co., for building the infrastructure of the first phase.
On 8 March 2022 the Amaala project has been awarded two ISO certifications pertaining to Risk Management and Business Continuity Management Systems. (ISO31000:2018 and ISO22301:2019)
There has been a lot of media coverage on the project, especially on the official Linkedin of Amaala. Many posts attribute the advantages that the project will have on the local environment and economy. However, not much is happening on-site according to Google Maps 2022.AMAALA’s ISO31000:2018 certification is a result of the implementation of a rigorous process towards risk identification, analysis, evaluation, and treatment that adhere to the destination’s business objectives. The audit successfully recognized the efficiencies of AMAALA’s risk management strategy, which guaranteed confident risk reporting, successful decision making, and accountability across the organization.
For the ISO 22301:2019 certification, BSI conducted an audit on the current operations of the organization, analyzing the strategic direction of the management system and comparing the current resilience controls and arrangements that have been put in place against the overall strategic goals of the organization and its risk appetite. BSI found AMAALA’s approach to Resilience and its components of Crisis Management and Business Continuity to be compliant with the standard. This competence will continue to be re-assessed annually to ensure the highest levels of implementation are maintained.
Source:
1.https://www.google.com/maps/place/AMAALA/@26.6441087,36.219999,1902m/data=!3m1!1e3!4m5!3m4!1s0x15ae1741c0d2a63b:0xbc1aea73fcc444!8m2!3d26.6453553!4d36.2242154
2.https://www.linkedin.com/company/amaala/posts/?feedView=images
3.https://www.amaala.com/en/newsroom/amaala-earns-global-certification-for-risk-and-resilience
4.https://www.arabnews.com/node/2036911/business-economy