Ranking 8: John Pagano, CEO of The Red Sea Development & AMAALA
John Pagano has been tasked with delivering one of Saudi’s most ambitious luxury sustainable tourism projects that would place Saudi Arabia on the global tourism map.
Pagano joined TRSDC in 2018 as their CEO and was recently appointed as the CEO of AMAALA.
Over the past 12 months, TRSDC have awarded contracts to CCE for Coastal Village Infrastructure Package; to MachinesTalk for smart wearable tech and wireless tags; awards contract for employee accommodation at Coastal Village to AlKifah Contracting Company; appoints Gartner for flagship destination’s technology procurement advisory services; awards contract for sustainable transport consultancy to Mott MacDonald, and many more for this enormous project.
TRSDC became the first Saudi developer to be awarded the highest level of certification for risk management following its assessment by the British Standards Institution (BSI), the business standards company that enables organizations to turn standards of best practice into habits of excellence.
TRSDC secured a USD 3.76bn loan and first ever Riyal-denominated Green Finance credit facility due to TRSDC’s market leading approach to social and environmental sustainability and the Red Sea Project’s international recognition as a green project.
The company became the first development in the Middle East to secure the first stage of LEED platinum certification for destination’s plans and designs.