Red Sea Development Company Awards 77km of Roads Construction Contract to 'Binyah'

Business

November 26th, 8:18am

Jeddah - Asharq Al-Awsat

The Red Sea Development Company has announced the formation of its advisory board. (SPA)

The Red Sea Development Company (TRSDC) said it has awarded a contract to Binyah, a leading Saudi Arabian contractor, to begin the construction of the coastal and inland connecting road links at the destination. TRSDC said the contract was awarded to design and build 77km of roads, including a 10km highway, a 13km airport access road, interconnecting roads within the destination and an access road to the bridge connecting the main hub island. “We’re very pleased to be able to award a contract to Binyah to begin the construction of the road network at the destination,” said John Pagano, CEO at The Red Sea Development Company. “The partnership furthers TRSDC’s commitment to supporting local companies, as well as our ongoing contribution to creating growth and employment opportunities within the Saudi Arabian construction sector,” he added. For his part, Fahad Al Mesfer CEO of Binyah expressed looking out for the project saying: “We value this partnership with the prestigious Red Sea Project and look forward to contributing to the realization of Vision 2030.” “We are committed to providing the infrastructure that meets the highest international standards,” he stressed. The construction, which is due for completion by the end of Q3 2020, will be closely monitored by TRSDC’s environmental team at all stages of the development, ensuring compliance with the destination’s strict sustainability and environmental guidelines. The Red Sea Project will welcome its first guests by the end of 2022. The first phase of the development will include 14 luxury hotels offering 3,000 rooms across five islands and two inland locations.

from Asharq AL-awsat https://aawsat.com/english/home/article/2008866/red-sea-development-company-awards-77km-roads-construction-contract-binyah