Archirodon wins TRSDC contract for Saudi Arabia's Red Sea project
Marine contractor wins first major construction contract for works at Crown Prince-backed The Red Sea Project
Marine infrastructure contractor Archirodon has won a contract for enabling marine infrastructure works at Saudi Arabia’s The Red Sea Project – a 28,000km2 gigaproject that is being developed by The Red Sea Development Company (TRSDC), backed by Saudi Arabia’s Crown Prince Mohammed Bin Salman-led Public Investment Fund (PIF).
The contract award followed a competitive tender process and specifies the construction of a 3.3km crossing to Shurayrah, the main hub island for the project's first phase.
Also included in the award are two coastal jetties, and a further four island jetties, with all works scheduled for completion by November 2020.
In a statement, TRSDC said the marine infrastructure was “key to progressing the development, which is on track for completion by the end of 2022, including 14 luxury hotels with over 3,000 rooms, built over five islands and two inland resorts”.
It will also include a yachting marina, entertainment facilities, an airport, and necessary supporting logistics and utilities infrastructure.
John Pagano, TRSDC’s chief executive officer, described the deal as a “watershed agreement” for the developer, representing the firm’s “first major construction contract award and the start of full-scale development of the site”.
He added: “We selected Archirodon based on our confidence in their ability to meet the unique challenges that The Red Sea Project presents, and their commitment throughout the procurement process to meeting our strict sustainability guidelines.”
TRSDC’s chief project delivery officer Ian Williamson said early marine works would provide a “solid foundation that will ensure the smooth and efficient movement of people, materials, and equipment in and around our destination, while obviating any impact on the environment”.
The news comes five months after pre-construction works started at the project, with its ‘Base Camp’ marking the first of “numerous enabling works” that will be implemented throughout 2019 to deliver essential infrastructure for the scheme.