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Red Sea Global Awards Two Contracts For Amaala’s Project | |
| Sumita Pawar |
Red Sea Global (RSG), the multi-project developer behind the regenerative tourism destinations of the Red Sea and Amaala, has announced the awarding of two major new contracts for the first phase of development at Amaala’s Triple Bay Marina Village to Saudi Arabian Baytur, a major construction firm in the Kingdom.
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In a statement, RSG said that the contracts include work on the developer’s marine life institute—the world’s first fully immersive experiential marine life center—and the development’s yacht club.
"To develop a truly state-of-the-art marina village at Amaala, we need partners that are not only the best in their fields, but who understand and align with our goals and governance principles," said Fahad Al Balawi, Head of Construction of Amaala at Red Sea Global.
"Through our existing work with Saudi Arabian Baytur, we have seen firsthand the high-quality execution of the construction contracts they undertake. And working with best-in-class organisations based here in the Kingdom, we can further our commitment to help create opportunities for Saudi businesses and work with the best Saudi talent."
Furthermore, as part of the contracts, Baytur will be responsible for the construction and oversight of numerous aspects of the Triple Bay Marina Village and Marine Life Institute, including structural concrete, dewatering, earthworks, and back of house finishes, said the report.
Another contract covers the concrete, steel, and mechanical, electrical, and plumbing (MEP) works for the Yacht Club at Triple Bay, the statement continued.
Murat Giray, CEO of Saudi Arabian Baytur, added, "We are delighted to be expanding our partnership with Red Sea Global." "We feel ideally suited to support them in creating truly world-class destinations, working with them and alongside other partners – such as leading architects Foster + Partners – to set new standards in sustainable development and create destinations that will put Saudi Arabia on the map."
According to the report, the first development phase of Amaala is well underway, and the company expects to welcome its first guests in 2024. Upon completion, Amaala will be home to more than 3,000 hotel rooms across 25 hotels and approximately 900 luxury residential villas, apartments, and estate homes, alongside high-end retail establishments, fine dining, wellness, and recreational facilities.