News 24 | Will the laws and regulations under the Red Sea project be different from those applied in the Kingdom? The company clarifies



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Will the laws and regulations under the Red Sea project be different from those applied in the Kingdom?The chief administrator of the Red Sea Development Company, Engineer Ahmed Darwish, has revealed whether the laws and regulations applied under the Red Sea project will be different from those applied in the Kingdom.

He explained during his speech on the “Socrates Podcast” program, that the Red Sea project area will be a special economic zone, so it will have its own regulations and standards, which are currently being discussed with higher authorities, and they will be announced. after approval, stating that they will have different policies that will allow success. Future tourist destination.

Development work on the Mer Rouge project began in the first quarter of 2019 with the start of the initial phase in February of the same year.

The project will receive the first batch of visitors by the end of 2022 after the opening of the international airport and the first 4 hotels in the destination, and 12 additional hotels are expected to open after the first phase of the project in 2023, and the provision of 3,000 hotel rooms on 5 islands and two resorts.



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