Tabuk, March 17, 2022, SPA -- The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project, announced today that it has awarded the operations contract for a major new hospital to the Steward alf Global Healthcare Company, a joint venture between Alf Healthcare, the health care arm of Saudi-based Alfanar, a renowned developer and operator of large-scale PPP projects, and leading international healthcare provider Steward Health Care International. The Coastal Village Hospital, located in The Red Sea Project’s Coastal Village area, will provide world-class healthcare to the community of 14,000 people working in and around the 1.5 million m² waterfront site. “The Coastal Village is envisioned as a sustainable community of homes and amenities, complete with newly opened offices and a management hotel. It forms a central hub in which our employees can live, work and relax, and with the Coastal Village Hospital at its center, we can ensure an exceptional quality of life for our residents,” said CEO of TRSDC John Pagano. “Our people are our priority, and we care about the health and well-being of each and every employee. Steward alf Global Healthcare Company combines the local experience of Alfanar with international best practice from Steward Health Care International, guaranteeing the very best of medical care is provided,” Pagano added. The hospital will offer primary and secondary care to residents of the Coastal Village and later to visitors of The Red Sea Project, including emergency care, family medicine, radiology, clinical support, women’s health, and pharmacy services. A hyperbaric chamber will also be operated as an integrated part of the facility’s Emergency Department, enabling world-class primary treatment for diving accidents, such as decompression sickness, on site. As part of their operations, the Steward alf Global Healthcare Company will also support in the design, construction and commissioning of the hospital. The development maximizes employment opportunities for local Saudi nationals, as part of TRSDC’s broader alignment with the Kingdom’s Vision 2030. With a mandate to develop local talent, Steward alf Global will provide continuous professional development, telemedicine, and community education for local Saudi residents. As part of the contract, Steward alf Global Healthcare Company will develop site-wide emergency response provision, ensuring the utmost safety of workers and visitors. The hospital will be fully integrated with the wider healthcare offering in the region, with ongoing coordination with local and regional healthcare bodies. There will be direct road and marina links to key sites across The Red Sea Project, including the Desert Rock and Southern Dunes resorts as well as the surrounding islands. TRSP has already passed significant milestones and work is on track to welcome the first guests by the end of this year, when the first hotels will open. Phase one, which includes 16 hotels in total, will complete in 2023. Upon completion in 2030, The Red Sea Project will comprise 50 resorts, offering up to 8,000 hotel rooms and more than 1,000 residential properties across 22 islands and six inland sites. The destination will also include an international airport, luxury marinas, golf courses, entertainment, and leisure facilities. --SPA 15:49 LOCAL TIME 12:49 GMT 0015 www.spa.gov.sa/w1708795