TRSDC officials receive the ISO certification.

The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project coming up in Saudi Arabia, said it has been awarded ISO31000:2018 certification for its risk management standards.

With this certification, TRSDC said it has become the first Saudi developer to do so, following its assessment by the British Standards Institution (BSI), the business standards company that enables organisations to turn standards of best practice into habits of excellence.

TRSDC has also awarded several contracts and made key appointments, the latest being Gartner, a global research and advisory firm, which has been selected to provide  technology procurement advisory services.  (see also Focus: Red Sea Project, Page 26 and Architecture & Design, Page 63 – Digital Edition).