Riyadh Metro Successfully Delivered by Parsons-Led Joint Venture
Parsons (NYSE: PSN) announced the successful inauguration of the $27 billion Riyadh Metro on November 27, 2024. As part of the Riyadh Metro Transit Consultants (RMTC) joint venture with Egis and SYSTRA, Parsons led the project and construction management for two of the Royal Commission for Riyadh City's metro contracts. The project, set to be the world's longest driverless metro, features 176.5 kilometers of track, 86 transit stations, and 7 rail depots. The RMTC achieved over 7 million hours without lost time injury, conducted 450,000 HSE inductions, and implemented 13,000 HSE campaigns. This infrastructure development aims to address Riyadh's traffic challenges and support Saudi Vision 2030.
Parsons (NYSE: PSN) ha annunciato l'inaugurazione con successo della metro di Riyadh da 27 miliardi di dollari il 27 novembre 2024. Come parte del consorzio Riyadh Metro Transit Consultants (RMTC) insieme a Egis e SYSTRA, Parsons ha guidato la gestione del progetto e della costruzione per due dei contratti della metro della Commissione Reale per la Città di Riyadh. Il progetto, che sarà la metro senza conducente più lunga del mondo, presenta 176,5 chilometri di binari, 86 stazioni di transito e 7 depositi ferroviari. Il RMTC ha raggiunto oltre 7 milioni di ore senza infortuni, ha condotto 450.000 induzioni HSE e ha implementato 13.000 campagne HSE. Questo sviluppo infrastrutturale mira a risolvere le sfide del traffico di Riyadh e a supportare la Visione Saudita 2030.
Parsons (NYSE: PSN) anunció la inauguración exitosa del metro de Riad de 27 mil millones de dólares el 27 de noviembre de 2024. Como parte de la asociación Riyadh Metro Transit Consultants (RMTC) junto con Egis y SYSTRA, Parsons lideró la gestión del proyecto y la construcción de dos de los contratos de metro de la Comisión Real para la Ciudad de Riad. El proyecto, que será el metro sin conductor más largo del mundo, cuenta con 176,5 kilómetros de vías, 86 estaciones de tránsito y 7 depósitos ferroviarios. El RMTC logró más de 7 millones de horas sin lesiones, realizó 450,000 inducciones HSE e implementó 13,000 campañas HSE. Este desarrollo de infraestructura tiene como objetivo abordar los desafíos de tránsito de Riad y apoyar la Visión Saudita 2030.
파슨스 (NYSE: PSN)는 2024년 11월 27일 리야드 메트로 270억 달러의 성공적인 개통을 발표했습니다. 에지스(Egis) 및 시스트라(SYSTRA)와 함께 리야드 메트로 교통 컨설턴트(RMTC) 합작 투자로서, 파슨스는 리야드 시 왕의 위원회 메트로 계약 두 건의 프로젝트 및 건설 관리를 주도했습니다. 이 프로젝트는 세계에서 가장 긴 무인 메트로가 될 예정이며, 176.5킬로미터의 노선, 86개의 환승역 및 7개의 철도 차고를 특징으로 합니다. RMTC는 700만 시간 이상을 부상 없이 달성하였으며, 450,000회의 HSE 교육을 실시하고 13,000회의 HSE 캠페인을 진행했습니다. 이 인프라 개발은 리야드의 교통 문제를 해결하고 사우디 비전 2030을 지원하는 것을 목표로 하고 있습니다.
Parsons (NYSE: PSN) a annoncé l'inauguration réussie du métro de Riyad de 27 milliards de dollars le 27 novembre 2024. En tant que partie de la coentreprise Riyadh Metro Transit Consultants (RMTC) avec Egis et SYSTRA, Parsons a dirigé la gestion du projet et de la construction pour deux des contrats de métro de la Commission Royale pour la Ville de Riyad. Le projet, qui sera le plus long métro sans conducteur au monde, comprend 176,5 kilomètres de voies, 86 stations de transit et 7 dépôts ferroviaires. Le RMTC a atteint plus de 7 millions d'heures sans blessure, a réalisé 450 000 séances d'initiation HSE et a mis en œuvre 13 000 campagnes HSE. Ce développement d'infrastructure vise à remédier aux défis du trafic à Riyad et à soutenir la Vision Saoudienne 2030.
Parsons (NYSE: PSN) gab die erfolgreiche Einweihung der 27 Milliarden Dollar teuren Riyadh Metro am 27. November 2024 bekannt. Im Rahmen des Joint Ventures Riyadh Metro Transit Consultants (RMTC) mit Egis und SYSTRA leitete Parsons das Projekt- und Baumanagement für zwei der Verträge der Königlichen Kommission für die Stadt Riyadh. Das Projekt wird die längste fahrerlose Metro der Welt und umfasst 176,5 Kilometer Gleise, 86 Umsteigestationen und 7 Bahndepots. Das RMTC erreichte über 7 Millionen Stunden ohne Unfälle, führte 450.000 HSE-Einweisungen durch und implementierte 13.000 HSE-Kampagnen. Diese Infrastrukturentwicklung zielt darauf ab, die Verkehrsprobleme von Riyadh anzugehen und die saudische Vision 2030 zu unterstützen.
- Successfully delivered $27 billion major infrastructure project
- World's longest driverless metro system with 176.5km of track
- Excellent safety record with 7 million hours without lost time injury
- None.
Insights
The successful delivery of the
The project's successful delivery, combined with impressive safety metrics of over 7 million hours without lost time injury, enhances Parsons' credibility for future infrastructure projects. This positions them favorably for additional contracts under Saudi Vision 2030, which includes numerous infrastructure development initiatives. The project's scale and complexity add significant value to Parsons' portfolio and could lead to similar opportunities in other growing markets.
The Riyadh Metro project's completion marks a strategic win for Parsons in the rapidly growing Middle East transportation sector. As lead consultant in the joint venture, Parsons has demonstrated its ability to manage complex transit projects and collaborate effectively with international partners. This strengthens their competitive position for future transportation infrastructure projects in the region.
The project's alignment with Saudi Vision 2030 and sustainable urban development goals positions Parsons advantageously for upcoming infrastructure projects in Saudi Arabia and neighboring countries. Their 65-year presence in the EMEA region, combined with this successful delivery, should translate into continued growth opportunities in the transportation sector, particularly as Gulf nations invest heavily in modernizing their transit infrastructure.
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
“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, President, Infrastructure EMEA at Parsons. “We look forward to supporting the city of Riyadh and the Kingdom in the successful completion of subsequent stages of the metro and the wider Saudi Vision 2030, by using global experience and deep local expertise to deliver excellence on every project.”
The Riyadh Metro is set to be the longest driverless metro line in the world, made up of 176.5 kilometers of track, 86 transit stations, and 7 rail depots. The project marks a significant milestone in the Kingdom's infrastructure development journey. In addition to using the latest technology to provide a world-class transportation experience, the project addresses Riyadh’s traffic challenges and will improve traffic flows, reduce commute times and alleviate traffic congestion creating a more sustainable future for the capital city in line with the Saudi Vision 2030.
As of August 2024, RMTC worked more than 7 million hours lost time injury free, which is a testament to the health, safety and environment (HSE) measures implemented on the project. The project has had more than 450,000 HSE inductions and over 13,000 HSE campaigns.
Parsons has partnered with more than 400 rail and transit clients, working on large, complex brownfield expansion and greenfield projects around the world. With a presence in EMEA spanning more than 65 years, Parsons brings deep domain expertise across project and program management, urban development, transportation (including rail, metro, aviation, roads, and ports), smart mobility, asset management, and master planning.
About Parsons
Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how we’re making an impact.
To join Parsons in creating the future of the Middle East, visit parsons.com/mea.
Media Contact:
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Lara.Masri@parsons.com
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