Parsons Wins $56m Diriyah Phase 2 Infrastructure Contract

PIF-backed Diriyah Company awards Parsons $56 million contract (PSN:NYSE)

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Parsons wins $56m Diriyah Phase 2 infrastructure contract

RIYADH: US-based Parsons Corp. has secured a SR210 million ($56 million) contract from Diriyah Co., backed by Saudi Arabia’s Public Investment Fund, to support infrastructure development in Phase 2 of the Kingdom’s heritage-led giga-project. Under the five-year agreement, Parsons will oversee the design and delivery of neighborhood parks, open spaces, and more than 55 km of

Parsons Expands Footprint In Saudi Arabia With Diriyah Phase 2

Parsons Corporation has secured a five-year, SAR 210 million (USD 56 million) contract for Phase 2 of the iconic Diriyah development Parsons will support the design and delivery of a series of iconic and neighborhood parks, open spaces and over 55km of streetscape Parsons Corporation (NYSE: PSN) announced today that the company was awarded a contract for Phase 2 of the Diriyah project by Diriyah Company, a Public Investment Fund (PIF)-owned comp…

Parsons Corporation Secures Phase 2 Contract Of The Diriyah Project

Parsons Corporation announced it has been awarded a Phase 2 contract for the Diriyah project by Diriyah Company Parsons Corporation (NYSE: PSN) announced today that the company was awarded a contract for Phase 2 of the Diriyah project by Diriyah Company, a Public Investment Fund (PIF)-owned company in the first half of 2025. This SAR 210 million (USD 56 million); 5-year contract represents new work for Parsons Corporation. Under the contract, Pa…

PIF-backed Diriyah Company awards Parsons SAR 210mln contract

For design and construction supervision in Saudi Arabia

Parsons awarded $56m contract for Diriyah Phase 2 public realm development

Parsons first began working with the Public Investment Fund in 2017 and has since played a key role in advancing the Kingdom’s giga-project ecosystem The post Parsons awarded $56m contract for Diriyah Phase 2 public realm development appeared first on Gulf Business.