Parsons wins 2 contracts for King Salman Airport work
Parsons Corporation signed two contracts with the King Salman International Airport Development Company (KSIADC) which is owned by the Public Investment Fund.
The first contract is for airfield assets and includes the runways, taxiways, aircraft parking areas, and air traffic control towers. The second contract is for landside infrastructure packages including roads, utilities, tunnels, bridges, rail network, and landscaping.
Parsons will provide project management services for all phases of both contracts including early development, design, permits and approvals, procurement, construction, commissioning, handover, and overall coordination.
According to data available on Argaam, Crown Prince Mohammed bin Salman launched KSIA's masterplan in November 2022, to place Riyadh as a global core, stimulate transport, trade and tourism, and act as a bridge linking the East with the West. Accordingly, this shall consolidate the Kingdom's position as a global logistics hub.
KSIA is expected to be one of the world's largest airports covering an area of nearly 57 km2, allowing for six parallel runways and including the existing terminals named after King Khalid. It will also include 12 km2 of airport support facilities, residential and recreational spaces, retail outlets, and other logistics facilities.
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