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Riyadh unveils major parking plans with 24,000 spots on streets and 140,000 in residential areas

Riyadh Municipality has unveiled the initial phase of the Riyadh Parking project

Saudi Arabia's Public Investment Fund PIF riyadh

Riyadh Municipality has unveiled the initial phase of the Riyadh Parking project as it makes space for tens of thousands of vehicles in the city.

The initiative aims to improve the quality of life by organising public parking, reducing cases of illegal parking, and facilitating the flow of traffic.

This first phase involves establishing and managing over 24,000 parking spots on streets, as well as managing over 140,000 parking spots in residential neighbourhoods.

Riyadh car parks  

Twelve districts, including Al Wurood, Al Rahmaniyah, western Al Olaya, Al Morouj, King Fahd, and Al Sulaymaniyah, as well as four southern districts, will be covered in this phase.

Beyond traffic management, the project seeks to revitalise local economies by encouraging commercial activity near public parking areas.

By providing convenient parking solutions, the project aims to attract more shoppers and sellers.

The project is the result of a partnership between Remat Al Riyadh Development Company, the municipality’s development arm, and solutions by stc, a leading digital transformation company.

Web3 and AI solutions riyadh

This partnership will oversee the establishment, management, operation, and maintenance of public parking lots in Riyadh.

The project aligns with the Municipality’s commitment to supporting the private sector and achieving the goals of Vision 2030.

By implementing sustainable solutions for public parking and leveraging smart city technologies, the municipality aims to improve the city’s overall quality of life.

Saudi Arabia

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