14/01/2026 02:32 AST

Parsons Corporation has announced that the company has secured a five-year contract from the Saudi Public Investment Fund (PIF)-owned New Murabba Development Company to provide design and construction technical support for its mega development in the kingdom.

Under the contract, as the Infrastructure Lead Design Consultant (ILDC), Parsons will provide design and engineering services for infrastructure, public buildings, landscape, and the public realm of the New Murabba development.

It will support the New Murabba project by creating the development's downtown experience, comprising 14 million sq m of living, working and entertainment spaces.

At the heart of the New Murabba project will be the Mukaab, an iconic, cube shaped skyscraper representing the largest built structure of its kind. This 60-month contract represents new work for Parsons.

"New Murabba is an extraordinary project that redefines sustainable urban development at a giga scale and Parsons is proud to be working with the New Murabba team on the creation of this new destination," remarked Carey Smith, Chair, President, and Chief Executive Officer at Parsons.

"Applying Parsons' extensive local experience in managing complex urban projects in the kingdom, our team is committed to delivering this world-class, mixed-use development, to the highest safety and quality standards," she stated.

Named after Riyadh's Al Murabba neighbourhood, New Murabba is centered around technology, innovation and sustainability, in alignment with the Saudi Vision 2030 'Quality of Life Program.'

New Murabba is committed to offering its residents a balanced live-work-play community by enabling residents to walk almost anywhere in the community within 15 minutes, she added.

New Murabba CEO Michael Dyke affirmed that the signing of this agreement aims to advance the giga project's position as a world-class cultural and tourism destination.

Covering around 14 million sq m, the development is designed as a mixed-use destination that will host a wide range of events, while preserving the defining characteristics of Salmani architecture- achieving a seamless integration of heritage and innovation.

"The agreement with Parsons will equip New Murabba with next-generation infrastructure that contributes to shaping the future of smart urban living. This milestone represents a significant step forward in our ongoing plans to make New Murabba one of the world's leading tourism, cultural, and human-centered destinations," remarked Dyke.

"New Murabba will emerge as a global hub, attracting premier international events and welcoming visitors to experience a distinctive, fully integrated environment designed to inspire and serve all," he added.


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