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Elevating the Kingdom's tourism sector
Our aim is to inspire procurement leaders to think differently about the value they can bring. Red Sea Global (RSG) is focused on the collective opportunity to optimize procurement organizational design and governance, mindset and expertise, decision-making processes, and technology.
In line with Saudi Arabia’s Vision 2030 strategy, RSG aims to elevate the Kingdom’s tourism sector, placing the country firmly on the world tourism map. RSG’s expansive project pipeline offers a unique platform for partnerships that value innovation, luxury, and sustainability.
Prioritizing Transparency and Accountability
RSG prioritizes transparency and accountability in our supply chain to address environmental and social concerns. We are committed to minimizing the environmental and social impacts of our materials by enhancing traceability, implementing third-party certifications, protecting workers’ rights, and promoting responsible sourcing. Procurement has a unique role in driving innovation, risk management, sustainability, disruption, team collaboration, and transformation, especially in the context of business resilience.
Why work with us
- Saudi Arabia emerges as a premier investment destination, offering a dynamic and rapidly expanding market. Key reasons to invest include:
- Diverse and Growing Economy: The Kingdom presents a wide range of investment opportunities, especially in sectors like renewable energy, technology, healthcare, and tourism.
- Saudi Vision 2030's Transformational Impact: This initiative aims to diversify the economy, bolster non-oil sectors, and improve quality of life.
- Investor-friendly Climate: The country has made significant strides in creating a conducive environment for investors.
- Investing in Saudi Arabia means being part of a journey towards economic diversification and innovation, within a framework that values transparency and efficiency.
- Valued at over USD 850 billion, the giga projects are a pivotal element of the Vision 2030 initiative. Key projects include The Red Sea destination, ROSHN housing project, and mixed-use and entertainment destinations like Diriyah Gate and Qiddiya in Riyadh.
- Giga projects not only symbolize the nation's commitment to economic diversification and development but also position Saudi Arabia as a global hub for innovation and sustainable tourism.
- RSG stands as a key player in Saudi Arabia's Vision 2030. As one of the Kingdom’s five official giga projects, RSG is currently developing two major projects, The Red Sea and AMAALA destinations, along with 12 other distinct projects along the Red Sea coast.
- RSG maximizes growth and profitability while maintaining a strong commitment to sustainability and responsible development, we continue to be a key player in shaping the future of Saudi Arabia's economy and environment.
Highlights from our Roadshows
Highlights from our Roadshows
Testimonials
Mohamed Qahwash, Executive Director - Operations, BEC Arabia
Collaborating with RSG has been a cornerstone in manifesting BEC Arabia's expertise in executing turnkey construction projects within the Kingdom. Our partnership underscores our commitment to excellence, innovation, and sustainability in the construction sector. RSG not only aligns with Vision 2030 to diversify the economy and promote tourism, but also offers a unique opportunity to contribute to the country's ambitious environmental and cultural heritage goals. Working alongside RSG enables us to be at the forefront of shaping the future of luxury tourism and infrastructure development, leveraging our profound industry experience to deliver world-class projects that will transform the nation's economic landscape.
Jihad Bsaibes, CEO, Group Amana
As a design-build contractor specializing in innovative modular project delivery, Amana DuBox experienced a significant level of synergy collaborating with RSG. Our shared commitment to sustainability and modern methods of construction aligns seamlessly, enabling us to consistently deliver high-quality projects in remote areas within demanding timelines. The efficiency and constructive approach of both our teams in balancing technical and commercial requirements have been exceptional. We look forward to collaborating with RSG in the future and successfully completing milestone projects.
Vendor Registration FAQ's
FAQs
See the most frequently asked questions
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Suppliers have a duty and personal commitment to uphold our common ideals, as set out in our Code of Conduct, which enables us to continue to prosper while keeping our reputation of a high standard of integrity and ethics.
The Code of Conduct contains policies that relate to the legal and ethical standards of conduct that suppliers are expected to comply with while carrying out their fiduciary duties and responsibilities to us.
This Code is intended to help suppliers focus on areas of ethical risk, provide guidance to recognize and deal with ethical issues, provide mechanisms to report unethical conduct, and help foster a culture of honesty and accountability.
As part of a vendor’s registration process, we require you to sign and return the Code.
Please note: pre-qualification is not a guarantee of future business with RSG. -
To become an RSG supplier, provide details of your products and services on our vendor registration portal. Once submitted, an RSG representative will contact you for any necessary clarifications.
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The approval process by the procurement team typically takes about a week following company registration.
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Registered and qualified companies automatically receive tenders for their specific category.
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Registered suppliers gain access to RSG’s planned procurement pipeline. Be aware that this pipeline may change.
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A physical presence in Saudi Arabia is not always necessary, depending on the service provided. However, having an agent or office in the Kingdom could be advantageous. There's no requirement for potential partners to be partly or fully owned by a Saudi national or entity.
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RSG welcomes companies from around the world, including those without prior experience in the Kingdom or region. However, international experience is preferred.
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While materials produced in the Kingdom are preferable, RSG recognizes that some products, equipment, and materials can only be produced outside the region.
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RSG does not charge fees to receive or participate in its tenders. In most cases, vendors are not required to submit tender bonds.
Get in touch
To learn more about Red Sea Global, please get in touch.