Parkin to manage select free public parking spaces owned by Dubai Municipality under new agreement

MoU explores opportunities for development of multi-storey parking structures

Last updated:
Anupam Varma, News and Business Editor
2 MIN READ
The scope also covers the development of unified criteria for utilising private plots as public parking areas
The scope also covers the development of unified criteria for utilising private plots as public parking areas
Ahmad Alotbi/Gulf News

Dubai Municipality has signed a Memorandum of Understanding (MoU) with Parkin Company PJSC to enhance operational efficiency and service quality across the emirate’s public parking infrastructure.

Under the agreement, Parkin will manage select free public parking facilities owned by Dubai Municipality, adding to the company’s growing network of smart-parking solution offerings.

The MoU also establishes a framework for collaboration between both parties in several areas, including developing planning and regulatory standards, streamlining permit procedures, and enabling data exchange to support service optimisation.

The agreement also includes exploring opportunities for investment and development of multi-storey parking structures, managing regulated facilities, and delivering value-added parking services at major events.

The scope also covers the development of unified criteria for utilising private plots as public parking areas and identifying innovative mobility solutions, including smart access, and payment systems.

Eng. Marwan Ahmed Bin Ghalita, director general of Dubai Municipality, and Ahmed Hashem Bahrozyan, chairman of Parkin’s Board of Directors, attended the signing ceremony of the memorandum, which was signed by Bader Anwahi, CEO of the Public Facilities Agency at Dubai Municipality, and Mohamed Abdulla Al Ali, CEO of Parkin.

Bader Anwahi said:This MoU aligns with our efforts to develop integrated infrastructure that meets Dubai’s aspirations for a smart and sustainable future. Through this collaboration, we aim to improve the quality and efficiency of public services, enhance the customer experience, and support Dubai’s strategic vision for sustainable urban mobility.”

Commenting on the collaborative nature of the MoU, Mohamed Abdulla Al Ali added: “This partnership with Dubai Municipality reflects Parkin’s commitment to advancing the emirate’s vision for a smarter and more sustainable future. Leveraging our extensive expertise in managing public parking, and in alignment with the Municipality’s long-term urban planning goals, we are developing integrated infrastructure to enhance urban mobility and support the Dubai 2040 Urban Master Plan.”

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