Built to inform

Sign up for the daily newsletters

No, Thank you

The Red Sea Development Co, Saudi Arabia's Kaust ink MoU

Agreement to promote joint research into marine sustainability, waste management, and energy conservation

The Red Sea Project site in Saudi Arabia.
The Red Sea Project site in Saudi Arabia.

Saudi Arabia's King Abdullah University of Science and Technology (Kaust) and The Red Sea Development Company (TRSDC) have signed a memorandum of understanding (MoU) to form a partnership that will deliver coastal development projects within the Public Investment Fund-backed gigaproject The Red Sea Project in environmentally sustainable ways.

Saudi Arabia's state news agency, SPA, reported that the MoU is a preliminary step towards further joint research into the sustainability of marine environments, waste management systems, energy conservation, and carbon sequestration.

Kaust president, Tony Chan, said the collaboration would exemplify how scientific research can serve sustainable coastal development projects in Saudi Arabia and help promote economic diversification in line with the objectives of Vision 2030.

Chief executive officer of TRSDC, John Pagano, said the MoU would ensure the protection of the ecosystem within which The Red Sea Project is being delivered, and provide high-quality tourism experiences without disturbing the elements of the natural environment in the project.

Most popular


Deadline approaches for CW Oman Awards 2020 in Muscat
You have until 20 January to submit your nominations for the ninth edition of the


CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this
CW In Focus | Leaders in Construction Summit UAE 2019
A roundup of Construction Week's annual summit that was held in Dubai this September

Latest Issue

Construction Week - Issue 759
Feb 22, 2020