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The Red Sea Development Company has contracted Saudi construction firms, HUTA Hegerfield and Saud consulting Services (Saudconsult), to undertake the ground-work improvement project for the 1.5 million square meter staff village at the Red Sea Project site.
HUTA Hegerfield’s contract involves land raising and ground improvement, which will include corporate offices, housing and high-end facilities. The ground works should be completed in five months starting from September 2019.
Under the contract, the ground will be raised to 3.52 meters above sea level, as HUTA Hegerfield will transport 2.6 million cubic meters.
The contract awarded to Saudconsult will include construction supervision consultancy services, to ensure all elements of the design and construction remain on schedule, whilst observing and monitoring the quality of all construction works.
“The Coastal Village will be home to 14,000 employees from The Red Sea Project community when the first phase of the destination opens,” said John Pagano, CEO of The Red Sea Development Company.
As for corporate offices, ground improvement has already been completed and construction is already underway under a separate contract. The offices are scheduled for completion by Q2 2020.
According to data compiled by Argaam, the firm is eyeing to sign over 500 contracts in the coming period with leading Saudi and international firms, in order to implement the project’s first phase.
In February, Red Sea Development, a wholly-owned subsidiary of the Saudi Public Investment Fund (PIF), said construction works started in the project's phase one.
In July, Red Sea Development signed a contract with a consortium of Saudi-based lmajal Alarabi Holding and UAE's Arco - Speed House to build a full-fledged staff housing complex.
It also signed a contract with Archirodon Group to build marine infrastructure for the 28,000 kilometers (km) project.
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