Whats next for The Red Sea Project
Future Investment Initiative 2019 Day 2
30 Oct 2019
The Red Sea Project, led by CEO John Pagano, is committed to sustainable development and environmental conservation. The project aims to create a luxury tourism destination while maintaining carbon neutrality, zero waste to landfill, and a ban on single-use plastics. By integrating nature and technology, the project seeks to enhance the conservation value of the entire lagoon area and protect critical habitats. It also plans to support 70,000 new jobs, contribute 22 billion rials annually to the economy, and train a new generation of environmentally and socially aware tourism professionals. The project's success relies on partnerships with companies sharing its values and commitment to sustainable development. With a focus on creating value for the environment, the Red Sea Project aims to offer meaningful, responsible, and unique experiences to modern luxury travelers while preserving the natural beauty of the destination.
Speakers: John Pagano