Binyah signs a contract with Red Sea Development Company

Binyah signs a contract with Red Sea Development Company

September-2019

Saudi-based contractor Binyah has been awarded an infrastructure contract by the Red Sea Development Company (TRSDC). The contract is for the construction of coastal and inland connecting road links at the Red Sea Project location.

The contract was awarded following a competitive tender and will see the design and construction of 77km of roads, the statement said. Works include 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. 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,” said John Pagano, CEO at The Red Sea Development Company.

Construction is scheduled for completion by the end of Q3, 2020 and will be monitored by TRSDC’s environmental team at all stages of the development, ensuring compliance with the destination’s strict sustainability and environmental guidelines.

“We value this partnership with the prestigious Red Sea Project and look forward to contributing to the realisation of Vision 2030. We are committed to providing the infrastructure that meets the highest international standards,” said Fahad Al Mesfer, CEO of Binyah.

According to the statement, all building work will ensure that the area’s sensitive wadi ecosystems are protected and will take place in areas designated as Development Zones in the marine spatial planning simulation, conducted during the first phase of development.

The Red Sea Project plans to welcome its first guests by the end of 2022. The first phase of the development is to include 14 luxury hotels offering 3,000 rooms across five islands and two inland locations. It will also include entertainment facilities, an airport, and the necessary supporting logistics and utilities infrastructure.

Work is said to already be underway at the destination with the development of key supporting infrastructure and accommodation for the workforce and company employees deployed to manage construction.

Binyah signs a contract with Red Sea Development Company
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