Transforming Urban Spaces: Parsons Wins PMO Role in Saudi Project

Parsons Corporation Awarded PMO Contract for King Salman Park

In an exciting development, Parsons Corporation (NYSE: PSN) has secured a contract for Project Management Office (PMO) services from the King Salman Park Foundation, focusing on one of the most ambitious urban transformation projects globally. Spanning over 25 months, this contract will enhance Parsons' esteemed track record.

King Salman Park: A Vision of Urban Transformation

King Salman Park is poised to redefine urban living with its impressive 11.6 square kilometers of green spaces coupled with over 10 square kilometers of designed environments. This park will feature prominent cultural attractions, including the Royal Arts Complex and The Loop, a dynamic 7.2-kilometer pedestrian walkway, all integral to Saudi Vision 2030's “Quality of Life” initiative.

Parsons' Role in Realizing the Vision

As part of this significant contract, Parsons' team will be actively involved in shaping the delivery strategies for the park's development, while also managing the design, procurement, construction, and implementation of smart city features. The expertise that Parsons brings from its 80 years of experience is invaluable for this type of large-scale project.

Expertise and Commitment to Sustainability

On this landmark contract, Pierre Santoni, President of Infrastructure EMEA at Parsons, expressed pride in contributing to a project that integrates urban development with sustainability. He emphasized the goal of creating a lasting impact on Riyadh's urban landscape through a world-class mixed-use development.

Sustainability at the Core of the Park's Design

Sustainability will be intricately woven into the fabric of King Salman Park's development. Set on the site of the former Riyadh Air Base, the park aims to plant over 1 million trees and various plants. This initiative aims to significantly bolster the area's vegetation cover, thereby enhancing the local biodiversity and supporting wildlife.

Enhancing Urban Environments for All

According to George Tanasijevich, CEO of King Salman Park Foundation, the strategic placement of trees will benefit urban ecology by absorbing carbon dioxide, increasing humidity, and alleviating the heat island effect. These features underline the commitment to creating a healthier urban environment for both residents and visitors.

Parsons' Expertise in Urban Development

With over 65 years of experience in the region, Parsons has established itself as a leader in urban development, smart mobility, asset management, and sustainability practices within the Kingdom. Their deep understanding of local contexts allows them to effectively navigate and manage complex urban projects.

Join Parsons in Shaping the Future

Parsons Corporation stands at the forefront of disruptive technologies across various sectors, including national security and public infrastructure. Through its diverse capabilities, Parsons is committed to making a positive impact on communities and urban landscapes.

Frequently Asked Questions

What is the main goal of the King Salman Park project?

The main goal is to transform the urban landscape of Riyadh by creating a sustainable and vibrant green space that supports residents and biodiversity.

How long is Parsons' contract for the King Salman Park project?

The contract for Parsons is for a duration of 25 months, during which they will provide comprehensive project management services.

What urban lifestyle features will King Salman Park include?

The park will include cultural landmarks, extensive green spaces, and pedestrian pathways designed to enhance community interaction and quality of life.

How does Parsons contribute to sustainability in development?

Parsons integrates sustainability principles into its projects, focusing on environmental stewardship and the enhancement of urban ecology.

Where can I find more information about Parsons Corporation?

More information about Parsons Corporation and its initiatives can be found on their official website and social media platforms.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

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