Parsons awarded $56M contract by Diriyah Company

Parsons (PSN) that the company was awarded a contract for Phase 2 of the Diriyah project by Diriyah Company, a Public Investment Fund-owned company in the first half of 2025. This $56M, 5-year contract represents new work for Parsons. Under the contract, Parsons will support the design and delivery of a series of iconic and neighborhood parks, open spaces and over 55km of streetscape. Parsons’ scope also includes the design and construction supervision of Diriyah Phase 2: Public Realm consisting of streets, footpaths, accessible open spaces and civic buildings and facilities, helping create an environment that people want to live and work in.