Page 85 - SALIK ENGLISH PR REPORT NOVEMBER 2024

junctures, especially on Sheikh Zayed Road, which is considered the main road
in Dubai. In 2023, 593 million journeys were recorded through Salik’s toll gates,
whether for residents commuting within the Emirate for their daily activities or
for tourists visiting Dubai’s attractions. Under a 49-year concession agreement
(ending in 2071), with the Roads and Transport Authority (RTA), Salik has the
exclusive right to operate existing and any future toll gates in Dubai.
About Parkonic:
Founded in 2018, Parkonic is the UAE’s leading private-sector parking operator,
celebrated for its innovative use of AI-powered free-flow parking systems, real-
time parking analytics, dynamic pricing, and space-sharing solutions. Managing
over 135,000 parking spaces in premium locations across the UAE, Parkonic is
committed to enhancing customer experiences while contributing to the nation’s
smart city development goals. With a strong focus on sustainability, Parkonic’s
efforts to reduce its carbon footprint are key to achieving its ESG objectives.
Through its advanced digital platform, the company processes over 65 million
transactions annually. Recently, Parkonic expanded its operations to The
Kingdom of Saudi Arabia, Qatar, and Egypt, with plans to further grow its
presence across the MENA region and beyond.

https://mid-east.info/salik-collaborates-with-parkonic-the-largest-private-parking-operator-in-the-
uae-and-expands-geographically-for-the-first-time-beyond-the-emirate-of-dubai/