Parsons Corporation has announced that it has been awarded a 60-month contract by the Public Investment Fund (PIF)-owned New Murabba Development Company in Saudi Arabia. Under the agreement, Parsons will serve as the Infrastructure Lead Design Consultant (ILDC), providing design and engineering services for infrastructure, public buildings, landscape, and the public realm of the New Murabba development. The project includes the development of approximately 14 million square meters of living, working, and entertainment spaces, with the Mukaab, a large cube-shaped skyscraper, as its centerpiece.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parsons Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9624286-en) on January 13, 2026, and is solely responsible for the information contained therein.