Parkin Company, Dubai’s leading provider of paid public parking facilities and services, has entered into an agreement with DP World to provide smart parking solutions at Al Aweer Fruit and Vegetable Market.
The deployment of barrierless, seamless technology will result in improved traffic flow, better use of parking space and increased safety, leading to an enhanced end-user experience. In addition, the new permit system will cover 500 trucks, helping to streamline high-volume movement of produce for market traders and supply chain operators.
Parkin, DP World partner for efficiency
Parkin will manage approximately 2,500 parking spaces for both light vehicles and trucks, using automated license plate recognition technology and real-time data to facilitate barrierless entry and exit at the venue.
An hourly parking tariff of AED 2 will apply to light goods vehicles, 24 hours a day, with a digital permit model applicable to trucks.
Mohamed Abdulla Al Ali, CEO of Parkin, commented: “This strategic partnership with DP World allows us to bring our advanced, technology-driven parking solutions to one of Dubai’s most important commercial hubs. By introducing seamless barrierless parking at Al Aweer Market, we aim to ease congestion, improve traffic flow and ensure more efficient use of parking space.
“This will directly benefit the thousands of traders, logistics providers and visitors who rely on the market every day, while supporting Dubai’s wider Smart City ambitions.”
This latest initiative expands Parkin’s total developer-owned portfolio to nearly 53,800 spaces, with anticipated annual revenues of AED3.5 million (US$950,000).
DP World signed an agreement last year with Dubai Municipality to develop the world’s largest logistics hub for trading foodstuffs, fruit and vegetables, aiming to connect the zone to global markets, doubling the size of Dubai’s existing market.
Abdulla Bin Damithan, CEO and Managing Director of DP World GCC, added: “Efficient logistics go far beyond the port gates to every link of the supply chain, from traffic flow and parking management to the movement goods and their timely delivery.
“In the perishables trade, every second counts. By partnering with Parkin, we will make operations at one of the region’s busiest food hubs faster, smarter and more seamless.”
The initiative supports Dubai’s Smart City agenda, with plans to transform the site, one of the largest wholesale fresh produce hubs in the Gulf, into the world’s largest integrated food trading and logistics centre.
Follow us on
