Qassim Municipality to manage, operate car parks in Buraydah
In a statement, the Municipality added that all parking lots located within the scope of the project will be available free of charge from Thursday, Feb. 27 until the project is regulated and developed.
In January 2022, Qassim Municipality signed a 25-year investment contract with Smart City Solutions, a subsidiary of Batic Investment and Logistics Co., for the smart parking project in Buraydah city center at a cost of SAR 422 million.
On Tuesday, the Eastern Province Municipality announced that it will take over the management of parking in Dammam and Khobar, effective from Tuesday, 25 February 2025.
For its part, Batic said that its subsidiary, Smart City Solutions, has investment contracts for the establishment, development and operation of parking lots for the company's investment contract in Dammam, which extends to 2045, and the investment contract in the governorates of Khobar and Dhahran, which extends to 2044.
It added that it will take all legal and judicial procedures that preserve the company's rights and gains before the Administrative Court and the relevant official authorities.
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