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Riyadh Metro Successfully Delivered by Parsons-Led Joint Venture

Parsons Corporation (PSN) 
Last parsons corporation earnings: 3/10 06:30 am Check Earnings Report
Company Research Source: GlobeNewswire
CHANTILLY, Va., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN), announced today that the official inauguration took place on 27 November 2024 for the $27 billion Riyadh Metro. Parsons is one of three consultants working as part of a Parsons-led joint venture known as the Riyadh Metro Transit Consultants (RMTC), along with Egis and SYSTRA, providing project and construction management on two of the Royal Commission for Riyadh City’s (RCRC) Riyadh Metro contracts which Parsons has now successfully delivered. “From its inception, the Riyadh Metro was conceived as a transformative project to reshape urban mobility and dramatically improve the lives of residents and visitors alike. On behalf of Parsons, a long-term partner of the RCRC, and the lead consultant for the delivery of this world-class system, I would like to congratulate His Majesty King Salman and His Royal Highness Crown Prince Mohamed Bin Salman on its first day of operations,” said Pierre Santoni, Presi Show less Read more
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