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According to its website, TRSDC's board is chaired by HRH Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince of Saudi Arabia, First Deputy Prime Minister, President of the Council for Economic and Development Affairs, Minister of Defense, and chairman of Public Investment Fund (PIF).
The company is a wholly owned entity of PIF, and is overseeing the development of the multi-phase The Red Sea Project.
Makkah Grand Mosque – Third Expansion A major expansion programme is underway at Makkah Grand Mosque, where work was recently inspected by Crown Prince Mohammed bin Salman.
Third Expansion’s scope includes raising total capacity to 2.2 million worshippers, and covers the main building of Makkah Grand Mosque; the Mataf and Masaa; the first ring road surrounding Makkah Grand Mosque; and infrastructures such as power stations and water reservoirs.
The Red Sea Project Another one of Saudi Arabia’s gigaprojects has also made progress in 2019.