We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Sat 7 Sep 2013 11:25 AM

Font Size

- Aa +

Abu Dhabi eyes investors for street kiosks

Over 300 locations identified for food and beverage, retail, ATMs, bike racks and waste recyclables

Abu Dhabi eyes investors for street kiosks

Abu Dhabi City Municipality has launched the tender of a new project for investors to install and operate street retail kiosks and vending machines in the city's public spaces.

The project is to focus on providing Abu Dhabi's waterfront, the city's parks and principal thoroughfares with a range of amenities that will improve the outdoor public environment for residents and visitors.

The Municipality has identified over 300 locations, both on Abu Dhabi Island and the mainland that could benefit from the installation of kiosks.

The Municipality said in a statement that it is aiming to provide quality food, beverage and convenience services, throughout the city's public realm to enhance the visitor experiences.

"This project will cater for the city's increasing number of residents and visitors and will provide quality amenities in Abu Dhabi's primary outdoor public spaces," said Rashed Bin Ali Al Omaira, advisor, investments and assets for the General Manager's Office at Abu Dhabi Municipality.

The scheme follows in the wake of similar successful projects implemented in other cities around the world, he said.

These kiosks will offer services such as food and beverage, convenience retail, ATMs, bike racks and waste recyclables.

"The kiosk scheme offers a fantastic opportunity to private investors able to propose the latest in design and technology for the implementation of street retail kiosks," the statement said.

Abu Dhabi Municipality will be looking to work with two separate parties under an agreement that will be divided by geographical region. All bidders should ensure that their proposals positively contribute to beautification of the city, the statement added.

A 10 year exclusivity framework agreement will be offered to finance, develop and operate kiosk concessions.

Abu Dhabi Municipality is now inviting tender submissions with further details set to be announced in the near future.

Arabian Business: why we're going behind a paywall

For all the latest retail news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.