Saudi Arabia Procurement News Notice - 40738


Procurement News Notice

PNN 40738
Work Detail Contracts will include work on Red Sea Global’s marine life institute, and Amaala’s Yacht Club, and form a key part of the first phase of development at the destination Red Sea Global (RSG), the multi-project developer behind the regenerative tourism destinations of The Red Sea and Amaala, has announced the awarding of two major new contracts for the first phase of development at Amaala’s Triple Bay Marina Village to Saudi Arabian Baytur, a major construction firm in the Kingdom. In a statement, RSG said that the contracts include work on the developer’s marine life institute – the world’s first fully immersive experiential marine life centre – and the development’s Yacht Club. “To develop a truly state-of-the-art marina village at Amaala, we need partners that are not only best in their fields, but who understand and align with our goals and governance principles,” said Fahad Al Balawi, Head of Construction of Amaala at Red Sea Global. “Through our existing work with Saudi Arabian Baytur, we have seen first-hand the high-quality execution of the construction contracts they undertake. And working with best-in-class organizations based here in the Kingdom, we can further our commitment to help create opportunities for Saudi businesses, and work with the best in Saudi talent.” Saudi Arabian Baytur keen to support Red Sea Global’s world-class destinations Furthermore, as part of the contracts, Baytur will be responsible for the construction and oversight of numerous aspects of the Triple Bay Marina Village and marine life institute, including structural concrete, dewatering, earthworks, and back of house finishes. Another contract covers the concrete, steel, and mechanical, electrical and plumbing (MEP) works for the Yacht Club at Triple Bay, the statement continued. Murat Giray, CEO of Saudi Arabian Baytur, added: “We are delighted to be expanding our partnership with Red Sea Global. We feel ideally suited to support them in creating truly world-class destinations, working with them and alongside other partners – such as leading architects Foster + Partners – to set new standards in sustainable development and create destinations that will put Saudi Arabia on the map.” The first development phase of Amaala is well underway and expects to welcome its first guests in 2024. Upon completion, Amaala will be home to more than 3,000 hotel rooms across 25 hotels, and approximately 900 luxury residential villas, apartments, and estate homes, alongside high-end retail establishments, fine dining, wellness, and recreational facilities.
Country Saudi Arabia , Asia
Industry Construction
Entry Date 01 Apr 2023
Source https://www.constructionweekonline.com/projects-tenders/red-sea-global-contracts-amaala-saudi-arabian-baytur

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