Qatar-based Estithmar Holding has announced that its subsidiary, Elegancia Arabia Trading Company, has been awarded the MEP package works contract for three hotel projects on Shura Island in the Red Sea region.
These include the Prestigious Central Hotel, a 430-key property as well as two other properties (a 150- and 180-key) on the Eastern side of the island.
These resorts are part of the 11 underway on the main hub island of The Red Sea destination under development in Saudi Arabia, said the company in a statement.
The development already holds the LEED Platinum Rating and features a built up area of 88,269 sqm, marking this as one of the largest developments in the kingdom and a flag bearer for regenerative tourism worldwide.
The Red Sea is the first tourism project of its type, size, and magnitude, to be designed and build off-grid, solely powered by renewable solar energy in line with the stringent responsible commitments of Red Sea Global (RSG), the multi-project developer behind the world's most ambitious regenerative tourism hubs in Saudi Arabia.
"Elegancia Arabia Trading is committed to adopting innovative, energy-efficient, and environmentally friendly solutions throughout our performance of the awarded MEP Package Works, aligned with industry-leading guidance in the Energy and Environmental Design LEED certification," said a company spokesman.
The Saudi multi-project developer continues to set new standards as it contributes to the kingdom’s focus on sustainability, evident in the work of the Saudi Green Initiative and in-built into the goals of Vision 2030, he stated.
According to RSG, the ongoing construction works, underpinned by a regenerative approach to tourism development, are a critical part of building its legacy and supporting the delivery of the Saudi Vision.
"This necessitates experienced partners, who share same vision for choosing to do better and challenging the status quo of the business-as-usual approach," said the Estithmar spokesman.
"At this juncture, we along with Elegancia Arabia Trading are delighted to play our part in the delivery of this unique development, creating a new gateway to explore the rich diversity and fabled hospitality of the kingdom," he noted.
The award of this project marks a major milestone for the expansion of Estithmar Holding in Saudi Arabia, he added.-TradeArabia News Service
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