Global engineering firm, Parsons announced in a statement that it has awarded two significant contracts in Saudi Arabia during the first quarter of 2024.
The first was a new $87 million threeyear contract. This project is for the development of a luxury mountain tourism destination and the real estate development customer is owned by the Public Investment Fund of Saudi Arabia.
The second award was a $53 million contract for program management of Riyadh’s road network. Following a record in 2023 of 33% organic growth, Parsons continues to win work in the Middle East as a result of its’ trusted partner reputation, statement mentioned.
