Business UpdateJul 7, 2026, 06:31 AM
Parsons Wins 3-Year Lusail City Infrastructure Contract in Qatar
AI Summary
Parsons Corporation has secured a three-year contract from Lusail Real Estate Development Company (LREDC) to provide program management, construction management, and construction supervision for the Lusail City Infrastructure Program in Qatar. This significant award continues Parsons' nearly two-decade involvement in one of the Middle East's largest urban developments. The contract reinforces Parsons' role as a key partner in delivering complex, multi-stakeholder projects aligned with Qatar's national strategic frameworks.
Key Highlights
- Parsons awarded a three-year contract for the Lusail City Infrastructure Program in Qatar.
- The contract involves program management, construction management, and construction supervision (PMCMCS).
- Lusail City is a 38 square kilometer master-planned development north of Doha.
- The award extends Parsons' nearly 20-year relationship with Qatari Diar/LREDC.
- Parsons will provide oversight of design and construction, interface management, and project controls.
- The project supports Qatar National Vision 2030 for urban development and tourism.
Price Impact
More from PSN