The Red Sea Project

[Guest]

Isn't the Red Sea Resort part of Saudi Arabia's NEOM?

https://www.resortx.com/neom-saudi-arabia/

[Guest]

The Red Sea Resort

[MarkEm]

The Red Sea Development Company (TRSDC) has awarded contracts to a Saudi company and Swiss firm to support the development plans and structural work of its luxury hotels and resorts in Southern Dunes site and Ummahat Al-Shaykh Island.

The two companies will play pivotal roles in the construction of hotels across The Red Sea Project, where they will be responsible for civil and structural works across 40 hotel villas on the Southern Dunes site, and timber construction planning and fabrication as well as supply works for a hotel situated on Ummahat Al-Shaykh Island.

Upon completion in 2030, the destination will comprise 50 resorts, offering up to 8,000 hotel rooms and around 1,300 residential properties across 22 islands and six inland sites. The destination will also include luxury marinas, golf courses, entertainment, and leisure facilities.

Source: https://saudigazette.com.sa/article/603201/SAUDI-ARABIA/Red-Sea-Development-Company-awards-two-hotel-construction-contracts