Parsons Selected as Delivery Partner for King Salman International Airport
RIYADH, Saudi Arabia – May 14, 2025: Parsons Corporation (NYSE: PSN) has been awarded two significant Delivery Partner (DP) contracts for the King Salman International Airport Development by the King Salman International Airport Development Company (KSIADC), a subsidiary of the Public Investment Fund (PIF). These contracts mark a major milestone for Parsons, reinforcing its commitment to supporting Saudi Arabia’s ambitious infrastructure development.
Comprehensive Project Management Across Airfield and Landside Assets
Under the first contract, Parsons will manage airfield assets, including the construction and maintenance of runways, taxiways, aircraft parking areas, and air traffic control towers. The second contract focuses on landside infrastructure, covering roads, utilities, tunnels, bridges, a rail network, and landscaping. As the Delivery Partner, Parsons will provide end-to-end project management services for both contracts, overseeing early development, design, permits, procurement, construction, commissioning, and final handover.
Carey Smith, Chair, President, and CEO of Parsons, expressed pride in the company’s continued expansion in Saudi Arabia, saying:
“Parsons is honored to partner with KSIADC on the transformative King Salman International Airport project. This collaboration reinforces our legacy in Saudi Arabia, which began in 1958, and our commitment to delivering world-class infrastructure.”
A Strategic Move for a World-Class Airport
Marco Mejia, Acting CEO of KSIADC, emphasized the importance of selecting Parsons as a strategic partner:
“Selecting Parsons as a Delivery Partner is a critical step in realizing our vision of developing a world-class airport built on innovation, sustainability, and operational excellence.”
King Salman International Airport, located in Riyadh, spans 57 square kilometers (approximately 22 square miles) and is set to become one of the world’s largest airports. With six parallel runways, it aims to accommodate up to 120 million passengers by 2030 and 185 million passengers by 2050, alongside handling 3.5 million tons of cargo annually.
Parsons’ Legacy in Saudi Arabia and Global Aviation
Parsons’ partnership with Saudi Arabia’s Public Investment Fund (PIF) began in 2017 and has since expanded to include major projects such as THE LINE, Oxagon, and multiple ROSHN developments. With over 65 years of experience in the region, Parsons has delivered advanced infrastructure solutions for over 450 airports in 40 countries, including major projects in the Middle East like Zayed International Airport, Sharjah International Airport, Hamad International Airport in Qatar, and Kuwait International Airport.
As a leading provider of aviation solutions, Parsons offers expertise across project management, urban development, smart mobility, transportation, asset management, and master planning. The company’s extensive experience ensures that King Salman International Airport will be developed with cutting-edge technology, operational excellence, and sustainable practices.
A Key Milestone for Saudi Arabia’s Aviation Sector
The development of King Salman International Airport is part of Saudi Arabia’s Vision 2030 initiative, which aims to position the Kingdom as a global transportation and logistics hub. Parsons’ role as the Delivery Partner underscores its commitment to supporting Saudi Arabia’s growth and modernization in the aviation sector, leveraging its global expertise to deliver world-class infrastructure.
