Parsons eyes opportunities to grow built environment business in Saudi Arabia
Parsons is eyeing opportunities to grow its built environment business in Saudi Arabia as greater infrastructure investment is committed in the kingdom, president of the American consultancy’s Middle East and Africa (MEA) business, Gary Adams, told Construction Week.
He explained: “We see a lot of growth in Saudi right now, particularly in the programme management space.
“We’ve had double-digit growth in Saudi Arabia for the last couple of years.
“I think in Saudi, as outside investment comes in, one of the things we’d like to see is the expansion of our built environment work.”
Parsons’ built environment offering includes the design and implementation of urban development projects.
One of Parsons' biggest megaprojects is in the port city of Yanbu on the Red Sea, where it has been embedded since 1976.
Working alongside the Royal Commission of Jubail and Yanbu, Parsons has contributed to masterplanning, and managing the infrastructure and construction of the city.
In addition to Riyadh Metro, Parsons' Saudi Arabia portfolio includes King Abdullah Financial District and projects with Saudi Aramco.
Adams said Parsons MEA is also witnessing “a little more development activity” in Bahrain, but not yet at the scale seen in Saudi Arabia.
“We have been doing local and relatively small infrastructure works [in Bahrain] over the years,” he added.
“We followed some of our customers there and so we are engaged in a couple of other developments in the region.
“There’s some potential larger infrastructure work [in Bahrain] and we’re well positioned for it, if it materialises.”