Through a strategic arrangement with well-known Saudi conglomerate Batic Investment and Logistics Company, Parkin, Dubai-based company, formally joined the Saudi Arabian market, Using cutting-edge technologies to improve traffic flow and customer experiences, the cooperation seeks to deliver modern paid parking solutions all throughout the kingdom.

Parkin, the biggest supplier of paid public parking solutions in Dubai, is ready to offer Saudi Arabia its knowledge, Innovative technologies including artificial intelligence (AI), real-time data processing, digital gates, sensors, and smart cameras will be especially emphasized in the collaboration, These instruments are meant to maximize parking space use, ease traffic congestion, and provide consumers a flawless experience.

A Parkin statement claims that the agreement will investigate chances to increase paid parking facilities in cooperation with municipalities, real estate developers, shopping centers, hotels, and other businesses all throughout Saudi Arabia. Modernizing parking infrastructure and matching with the national urban development projects is the ultimate aim.

Eng. Mohamed Abdulla Al Ali, the CEO of Parkin, underlined the need of this alliance in helping the business to spread outside of Dubai, "We want to provide scalable and customer-focused parking solutions by combining our operational expertise, modern technology, industry knowledge with Batic's strong local presence," he said.

Mohammed Alzamil, Group CEO and managing director of Batic, pointed out that the alliance fits the objectives of Saudi Vision 2030 on improving urban infrastructure and mobility. "With an extensive parking portfolio of 195,000 spaces across five cities, we can achieve greater efficiency and mobility, so supporting the economic development of the Kingdom," said Alzamil.

Currently the biggest supplier of paid public parking in Saudi Arabia is Batic, via its subsidiary Smart City Solutions Co. (SCSC). Its well-known presence and expertise in running large parking lots lays a solid basis for the cooperation with Parkin, Together, they hope to simplify parking options and enhance the whole customer experience thereby guaranteeing better mobility for both residents and guests.

This global cooperation follows Parkin's announcement of premium parking rates in Dubai, Premium parking spaces will cost Dh6 per hour starting in March 2025 during busy times (8:00 AM to 10:00 AM and 4:00 PM to 8:00 PM), Other public paid parking spots will still run at Dh4 an hour.

Emphasizing client convenience and effective use of space, the Saudi expansion will probably reflect a same premium service model. Tie-ups with commercial hubs and developers will guarantee that the parking solutions serve high demand areas including hotels, shopping centers, and metropolitan hubs.

The cooperation emphasizes the increasing relevance of clever urban mobility solutions in fast expanding areas. Parkin and Batic want to solve long-standing issues including traffic congestion and ineffective parking management by including technology into regular activities, therefore helping to create more environmentally friendly and effective cities.

For Parkin, this partnership marks a major turning point as it aims to scale its activities regionally and assist Saudi Arabia in becoming a contemporary, mobile-friendly country. Modern technologies and customer-centric approaches will enable the cooperation to significantly influence the urban infrastructure of the Kingdom.