Arabian Cement to supply cement for Red Sea Project, says CEO

09/08/2017 Argaam

Arabian Cement is currently developing plans to meet the needs of the Red Sea tourism project, Al-Madina daily reported, citing chief executive Gasem Al Maimani.

 

Plans will include providing sufficient high-quality cement supplies for the new development.

 

Such strategic mega projects will positively reflect on construction companies, and the Red Sea development will create job opportunities for Saudi youth and qualify them to work in the hospitality sector.

 

Saudi Arabia’s sovereign wealth fund had last week unveiled plans to transform a 200-kilometre stretch of Red Sea coastline into a luxury resort featuring hotels, residences and transport hubs.

 

The Public Investment Fund of Saudi Arabia (PIF) will provide initial investment to The Red Sea Project.

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