Through a partnership agreement signed with mawgif in 2024, Remat Al-Riyadh has taken responsibility for over 5,500 parking spaces in the Olaya district for the next 20 years. 

The project includes planning, operating and maintaining these paid car parking spaces, which are in public and commercial streets covering 13 distinct land plots between Olaya district and King Fahad Road, in order to maximize efficiency and revenue.

The project boosts parking efficiency in one of Riyadh’s key districts, maximizing returns and reinforcing Olaya’s role as a major urban hub in the capital.

Partner