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Eye of Riyadh
Eye of Riyadh
The Red Sea Development Company

The Red Sea Development Company

Listed in :
Business & Money > Real Estates Companies

The Red Sea Development Company (TRSDC) has been incorporated as a closed joint stock company, wholly owned by Saudi Arabia’s Public Investment Fund (PIF). The company has been established to develop and promote a new international luxury tourism destination that will set new standards for sustainable development and bring about the next-generation of luxury travel. The project was announced in July 2017 and is one of the three Giga Projects aimed at diversifying the Saudi economy in keeping with the Kingdom’s 2030 Vision.

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