Construction Digital Magazine August 2024 | Page 19

Grankraft , based in the UAE emirate of Sharjah , is producing all 73 of our over-water and beach villas for Sheybarah Island . The villas themselves were designed by Killa Design , one of the Middle East ’ s top architectural firms . Mammoet is our transport and installation partner , and P & O Logistics is supplying the deck carrier vessels .
Q . HOW MANY PARTNERS HAVE HELPED WITH THE ENTIRE RED SEA PROJECT ?

» Our ambition cannot be achieved by us alone , and we have a growing number of partners who bring not only the right expertise , but also the passion and commitment to innovation needed to support our mission to change the way tourism development is delivered . Between The Red Sea and Amaala projects , we have already awarded more than 1,300 contracts worth in excess of SAR 25 bn ($ 6.6bn ).

Q . HOW IMPORTANT ARE THOSE PARTNERSHIPS FOR RED SEA GLOBAL ’ S SUCCESS ?

» Partnerships are vital for innovation . We ’ ve worked closely with the King Abdullah University of Science and Technology in many ventures from the outset , and these collaborations have contributed greatly to our science-led approach to development .

Partnerships with the private sector are just as important . For example , we formed our first joint-venture last year with Almutlaq Real Estate Investment Co .; together , we ’ ll develop our Jumeirah The Red Sea , a 159-key resort on Shura Island . The joint venture demonstrates the private sector ’ s confidence in The Red Sea destination ’ s future success .
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