Phase one of The Red Sea Project in Saudi Arabia
The first phase of The Red Sea Development Project, one of the world’s most ambitious tourism projects, will open on the west coast of Saudi Arabia in 2022. It includes 14 luxury and hyper-luxury hotels providing 3,000 rooms across five islands and two inland resorts.
Phase One will also include yacht marinas, leisure and lifestyle amenities and an airport to serve the destination, as well as the necessary supporting logistics and utilities infrastructure.
The Red Sea Project is an integral component in Saudi Arabia's Vision 2030 strategy. The project is expected to create up to 70,000 new jobs and to contribute as a much as 22 billion Saudi riyals (USD 5.3 billion) to the nation’s GDP by creating investment opportunities for the private sector and developing the Kingdom’s tourism industry while preserving the nation’s precious cultural and environmental heritage.