Red Sea Development Company’s masterplan covers a 28,000 square kilometre site containing 90 islands. Set to welcome its first visitors in 2022, the project is expected to be completed by 2030. Photo: Courtesy The Red Sea Development Company
Red Sea Development Company’s masterplan covers a 28,000 square kilometre site containing 90 islands. Set to welcome its first visitors in 2022, the project is expected to be completed by 2030. Photo:Show more

Economy

Saudi Arabia to award $4bn worth of contracts for its Red Sea mega-project by year-end

The kingdom plans to develop more than 50 islands off its Red Sea coast, offering a tourism and nature reserve spread over 28,000 square kilometres

Deena Kamel
Deena Kamel

November 02, 2020