In a significant move to increase parking alternatives across the United Arab Emirates, Salik, the only toll gate operator in Dubai, has announced that it will be partnering with Parkonic, the biggest private parking operator in the country, to extend outside the emirate. As Salik enters new markets and integrates its state-of-the-art parking technology into a network that spans 107 locations in the United Arab Emirates and has more than 135,000 parking spaces, this cooperation marks a significant turning point for the company.

The Partnership Overview

Salik’s eWallet system will be the preferred payment method at all of Parkonic’s present and future parking spots under a five-year deal that was just struck. This connection will simplify payment procedures and improve customer convenience for drivers looking for parking options outside of Dubai when it launches in the first quarter of 2025.

Key Highlights of the Partnership

-Salik eWallet Integration: Parkonic will make use of Salik’s eWallet to facilitate smooth transactions, enabling customers to pay for parking with ease using their current Salik accounts.
– Revenue Sharing Model: In order to align incentives and promote mutual growth, Parkonic will return to Salik a portion of the revenue made from these transactions.
– Expansion to 135,000 spots: Salik’s presence in the UAE market will be further expanded by the agreement, which will encompass a huge network of parking spots.

Benefits of Salik’s Parking Services

The expansion into UAE parking services through this partnership brings several benefits:

-Convenience: By removing the need for several apps or payment methods, cashless transactions provide users with a hassle-free experience.
-Enhanced Technology: Parkonic’s AI-powered systems and Salik’s cutting-edge parking technology combine to improve urban mobility’s accessibility and efficiency.
-Support for Smart City Initiatives: This partnership supports the UAE’s goal of creating smart city infrastructure that makes it simpler for residents to access necessary services in different cities.

Salik’s Commitment to Innovation

Ibrahim Sultan Al Haddad, CEO of Salik, emphasized that this expansion is not just about increasing revenue but also about leveraging technology to enhance user experiences. He stated, Our strategic partnership with Parkonic will facilitate advanced parking payment solutions, and marks the first time Salik has expanded beyond Dubai.” This initiative reflects Salik’s commitment to innovation and its role in supporting sustainable urban development in the UAE.

Future Prospects

This collaboration with Parkonic is part of a larger plan to broaden Salik’s service offerings and revenue sources as it continues to innovate in Dubai, most recently by installing new toll gates. It is anticipated that the installation of smart parking systems in many sites would completely transform how locals and tourists deal with parking issues in urban settings.

 Conclusion

A significant advancement in UAE parking solutions is Salik’s foray into parking services outside of Dubai. In addition to improving its service offerings, Salik’s partnership with Parkonic makes a substantial contribution to the UAE’s aspirations for smarter cities. Users may anticipate more integrated and easy parking experiences that make use of state-of-the-art technology and creative solutions as 2025 draws near.

It’s an exciting time for Salik and its clients as this growth has the potential to completely change how citizens in UAE cities interact with urban mobility and parking convenience. For more information about this revolutionary trip, check out Salik parking news 2025.