Red Sea Global Awards $266 Mn Contract in Saudi Arabia
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Red Sea Global (RSG), a global multi-project developer in Saudi Arabia, has awarded a SR1 billion ($266 million) contract to deliver the first phase of development at Amaala, an ultra-luxury tourism destination on the kingdom’s north-western coast.
RIYADH: Tourism project Red Sea Global has awarded a nearly SR1 billion ($270 million) contract to Saudi-based Al-Ayuni Investment and Contracting Co. to develop utilities infrastructure systems at one of its resorts. The firm will carry out the work in the first phase of development at Amaala, an ultra-luxury tourism destination located along the Kingdom’s north-western
Red Sea Global (RSG), a global multi-project developer in Saudi Arabia, has awarded a SR1 billion ($266 million) contract to deliver the first phase of development at Amaala, an ultra-luxury tourism destination on the kingdom’s north-western coast.
The project will be undertaken by AL-AYUNI Investment and Contracting Company to deliver the first phase of development at Amaala, an ultra-luxury tourism destination located along the Kingdom’s northwestern coast, across its Triple Bay masterplan.