Page 142 - SALIK PR REPORT ENGLISH AUGUST 2024
P. 142

8/29/24, 11:06 AM                 Salik Values New Dubai Toll Gates At AED 2.7 Billion, Aiming To Ease Traffic - OneArabia
        Business
        Salik's New Dubai Toll Gates Valued At AED 2.7 Billion To


        Improve Traffic Flow





        By OneArabia
        Published: Wednesday, August 28, 2024, 12:54 [GST] Salik Company, Dubai’s exclusive toll gate operator, has
        announced the valuation of two new toll gates at Business Bay and Al Safa South. The combined valuation for these gates

        is AED2,734 million, with the Business Bay Gate valued at AED2,265 million and the Al Safa South Gate valued at AED469

        million.






























        The new toll gates are expected to be operational by the end of November 2024. Positioned on Al Khail Road at Business
        Bay Crossing and Sheikh Zayed Road between Al Meydan Street and Umm Al Sheif Street, these additions will expand

        Salik’s network from eight to ten gates. This expansion aims to optimise traffic flow by redirecting vehicles to routes with

        higher capacity, thereby alleviating congestion.



























      https://www.onearabia.me/business/salik-dubai-new-toll-gates-financial-valuation-011-63485.html               1/4
   137   138   139   140   141   142   143   144   145   146   147