- In January 2026, Parsons Corporation announced it had been awarded a 60‑month contract by the PIF-owned New Murabba Development Company to serve as Infrastructure Lead Design Consultant, providing design and engineering services across infrastructure, public buildings, landscape, and public realm for the vast New Murabba urban development, anchored by the iconic Mukaab structure.
- This work cements Parsons’ role at the center of one of Saudi Arabia’s highest-profile giga projects, deepening its Middle East footprint and expanding its exposure to large-scale, mixed-use urban design and consulting mandates.
- We’ll now examine how leading the infrastructure design for the New Murabba development reshapes Parsons’ investment narrative and long-term project profile.
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