The Red Sea Development Company (TRSDC) was established in 2018 as a closed joint stock company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia to drive the development of The Red Sea Project, a regenerative tourism destination along Saudi Arabia’s west coast, and one of three giga-projects announced by HRH Crown Prince Mohammad bin Salman bin Abdulaziz Al-Saud in 2017.
LEADERSHIP
The Red Sea Development Company is led by an experienced, multi-national team of real estate developers, engineering professionals, environmental specialists, experienced designers and project finance experts.
VISION 2030
Vision 2030 is a bold blueprint intended to build the best future for Saudi Arabia. It is designed to harness and showcase the nation’s greatest strengths, build upon its leading role at the heart of Arab and Islamic worlds, and help to create a more sustainable economy by forging new and stronger cultural business connections with the world.
