RED House to Spearhead Major Development Projects in Gabon

RED House to Spearhead Major Development Projects in Gabon Following High-Level Talks with President Brice Clotaire Oligui Nguema

LIBREVILLE, GABON – 15/9/2025 – RED House, a leading international real estate development and investment company, today announced its intention to establish a permanent presence in Gabon to lead the investment and development of several major projects. The announcement follows a successful visit by RED House President, Mr. Mazen Beaini, to Libreville, during which he was honored to meet with His Excellency the President of Gabon, Brice Clotaire Oligui Nguema.

The visit, which took place from August 10th to 14th, underscored RED House’s keen interest in contributing to Gabon’s strategic vision for economic and social development. Mr. Beaini expressed his profound appreciation for President Oligui Nguema’s tremendous efforts and forward-thinking vision to develop the nation, and affirmed RED House's commitment to becoming a key partner in this journey.

"We are incredibly impressed by the leadership and vision demonstrated by President Oligui Nguema and his government," said Mr. Mazen Beaini. "The commitment to sustainable and ambitious development projects aligns perfectly with RED House's mission to create impactful, master-planned communities. We believe Gabon offers a unique and promising environment for investment, and we are eager to contribute to its growth and prosperity."

A cornerstone of RED House’s planned investment in Gabon is the establishment of the company’s flagship project, "Colony EIP," an innovative eco-industrial park. This project is designed to be a model of sustainable development, integrating advanced environmental practices with industrial efficiency to create a competitive and eco-friendly hub for business and manufacturing. The Colony EIP will focus on [Insert details about the types of industries, e.g., light manufacturing, technology, logistics], aiming to create thousands of jobs, foster local entrepreneurship, and drive economic diversification.

RED House is a group of companies specializing in large-scale real estate investment and development, with a track record of creating master-planned, mixed-use communities. The company currently operates in Saudi Arabia, Algeria, and Cyprus, and is a joint venture partner with Dubai Investments PJSC for the development of the 11-million-square-meter Riyadh Investment Park.

Further details regarding the Colony EIP project, including its specific location, development timeline, and a comprehensive economic impact study, will be announced in the coming months as RED House moves forward with its strategic plans in Gabon.

About RED House
RED House is a global real estate investment and development firm dedicated to creating sustainable, large-scale, and innovative projects. With a focus on master-planned communities and industrial zones, the company partners with governments and private entities to drive economic growth and build prosperous communities.