Parsons wins $53M contract for roads project in Riyadh

US-based Parsons Corp. won a $53 million, three-year contract from the Royal Commission for Riyadh City (RCRC) in Saudi Arabia for program management office (PMO) services on its main and ring roads program.

Under the contract, the NYSE-listed global infrastructure engineering consultancy firm will be the PMO for all new major road development programs in Riyadh, providing overall management and control of construction activities. 

The program includes 500 km of new and improved road corridor works. It mainly aims to keep the city moving during construction and meet the requirements associated with the growth plans for Riyadh, including tackling congestion and hosting global events such as the Expo 2030 and FIFA World Cup 2034.