The Red Sea Development CEO on Infrastructure, Financing and Saudi Tourism

The transcript provides an update on the Red Sea project, including the appointment of Foster + Partners as architects for a new international airport. The project is progressing with plans for public-private partnerships, construction timelines, and engagement with investors and hotel operators. Debt financing is being finalized, and the launch of tourist visas for Saudi Arabia has generated significant interest, indicating strong demand for the destination.

What recent appointment was announced regarding the new International Airport?

What is the timeline for awarding the contract for the airport's design?

Can you explain the current status of the public-private partnership contracts?

How many international consortia have come together for the public-private partnership?

What are the next steps regarding debt financing for the project?

What feedback has been received regarding the tourist visa process for Saudi Arabia?

What is the expected impact of the tourist visa launch on the Red Sea project?