Riyadh, May 06, 2020, SPA -- The Red Sea Development Company (TRSDC), the developer behind one of the world’s most ambitious tourism initiatives, signed a Memorandum of Understanding (MoU) with the Ministry of Human Resources and Social Development. In an effort towards enriching local communities through corporate social responsibility programs the MoU extends over a full calendar year and is renewable for the same period. The MoU was signed by John Pagano, CEO, The Red Sea Development Company and Suliman Alzben, Undersecretary of Social Development at the Ministry of Human Resources and Social Development. "This MoU represents a collaborative framework towards enhancing our CSR that is in line with the sustainable development goals of the Kingdom. Giving back to the people of Saudi Arabia and our local communities in particular is an important part of our vision as a company. We believe in working together with the Ministry of Human Resources and Social Development will benefit society at large", said Pagano. TRSDC is developing Saudi Arabia’s flagship international tourism destination and is setting new standards in sustainable development, aligned with all 17 of the UN Sustainable Development Goals (SDGs). "I would like to congratulate and thank the Ministry of Human Resources and Social Development on the successful signing of this MoU. This initiative is jointly aimed at strengthening and improving the quality of life for the Red Sea community," he added. "The Ministry of Human Resources and Social Development in collaboration with the Red Sea Development Company aims to support impactful social responsibility initiatives and programs for Saudi Arabia. This collaboration represents our commitment in creating a dynamic joint effort that promotes the private and government sector alike," said Alzben. --SPA 00:47 LOCAL TIME 21:47 GMT 0031 www.spa.gov.sa/w1323344