Salik Company PJSC, Dubai’s exclusive toll gate operator, has embarked on a groundbreaking journey to extend its services beyond the borders of the emirate. Partnering with Parkonic, the UAE’s largest private sector parking operator, Salik aims to redefine parking payment experiences across the nation. This strategic collaboration not only introduces Salik’s innovative eWallet system to Parkonic’s 107 existing locations but also integrates it into all future sites.
A Milestone for Salik
For the first time, Salik is stepping outside Dubai to offer its advanced eWallet system to users across the UAE. The five-year agreement with Parkonic highlights Salik’s commitment to creating seamless, convenient payment solutions for users. By the first quarter of 2025, the Salik eWallet is expected to be operational across more than 135,000 parking spaces managed by Parkonic.
Under this partnership, Salik will receive a percentage of parking fees generated through the eWallet. This marks a significant step in diversifying Salik’s revenue streams while contributing to the UAE’s growing smart city infrastructure.
Transforming Parking with Cutting-Edge Technology
Parkonic, renowned for its AI-powered free-flow parking systems, will integrate Salik as the preferred payment option across all its locations. This move enhances user convenience by offering quick, secure, and cashless transactions through Salik’s technology-driven platform.
Ibrahim Sultan Al Haddad, CEO of Salik, emphasized the importance of this collaboration:
“Our strategic partnership with Parkonic will bring advanced parking payment solutions to approximately 135,000 spaces across the UAE. This expansion marks Salik’s first venture outside Dubai and supports our goal of leveraging our unique technology platform beyond tolling. It’s a crucial step in enhancing ancillary revenues while strengthening the UAE’s position as a leader in smart city innovation.”
Imad Alameddine, CEO of Parkonic, echoed these sentiments:
“This partnership between Parkonic and Salik showcases our shared commitment to innovation and smart living. Together, we’re setting a new standard for efficiency and sustainability in parking solutions, empowering communities and supporting the UAE’s vision for a connected future.”
Enhancing Smart City Living
Salik’s venture aligns with the UAE’s ambition to lead in smart city initiatives. By leveraging advanced technologies like RFID and ANPR, Salik ensures seamless mobility, now extending to parking solutions. This collaboration with Parkonic is about more than simplifying parking—it’s a step toward enhancing urban living, driving sustainability, and contributing to the UAE’s global leadership in smart infrastructure.
As Salik gears up to launch this innovative solution in early 2025, the partnership sets a benchmark for future collaborations aimed at making cities smarter, more connected, and user-friendly. The future of mobility in the UAE just got a whole lot smarter!
