23 Jumada I 1446 - 24 November 2024
    
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Eye of Riyadh
Business & Money | Monday 17 August, 2020 10:59 am |
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Amaala Strengthens Partnership With Saudi-based Company Hasco

AMAALA, the ultra-luxury destination located along Saudi Arabia’s northwestern coast, has awarded the contract for excavation, backfilling, and earthworks to Duba-based startup, HASCO (Hasan Al-Harbi Corp.). As part of the contract, HASCO has deployed a team of 90 across Triple Bay Marina to manage the excavation of the AMAALA’s marina basin.

 

HASCO has also overseen the installation of critical infrastructure, including access roads, and the construction of on-site offices, following the initial preparation works across the AMAALA site. 

 

Chief Executive Officer of AMAALA, Nicholas Naples said: “We are pleased to be continuing our work with HASCO. Their contribution has been intrinsic to the progress of AMAALA to date and will continue to do so. As a Duba-based contractor, HASCO’s knowledge and expertise of the local market has been invaluable in ensuring the high standards of quality we want to instil in every aspect of AMAALA. The appointment of the HASCO team for the earthworks of Triple Bay’s marina also furthers our commitment to support Saudi Arabian companies and contribution to employment within Saudi Arabia.”

 

Overseeing all stages of development, AMAALA’s environmental team will continue to ensure work is being carried out is in line with the destination’s sustainability and environmental guidelines.

 

Managing Director of HASCO, Hassan Al Harbi, said: “It is worth noting that AMAALA has participated with the local community in the region in the initial establishment stages through obtaining HASCO’s Marine, Logistics, and Hospitality services, and later contracted with HASCO to implement AMAALA first project (Triple Bay (Marina) - Early Earth Works).”

 

Once developed, Triple Bay’s marina basin will overlook the Red Sea, one of the world’s most ancient and unchartered bodies of water. The marina basin will form part of AMAALA’s yachting portfolio, offering a natural combination of clear waters, and year-round breeze. Already traversed by hundreds of luxury yachts migrating from Asia to the Mediterranean every year, a lack of infrastructure has prevented the growth of luxury yachting for domestic and international visitors alike. With this comprehensive development, AMAALA aims to cultivate and lead the yachting culture in the Middle East. 

 

With uniquely crafted yachting havens, inspired by the most iconic harbours in the world, Triple Bay’s marina basin will provide secure berthing for more than 300 yachts. It will feature dedicated facilities for vessels of up to 140 metres, with floating docks embracing natural flora and creating shelter for marine life. Covered onshore storage will allow residents to give yachts year-round protection, while the event docks in the regatta marina offer unparalleled facilities for international races and regattas.

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