Al Qudra Holding ventures into unique multi-storey car park project with the launch of Q Car Park

The new subsidiary of Al Qudra Holding will focus on advancing and maintaining multi-storey car parking system in the United Arab Emirates after which it will expand the project and services within the gulf region.

"With the massive real estate development, expansions and the rising level of tourism, conferences, exhibitions and other activities, it was crucial to establish a company that will specialize in offering adequate parking areas in the cities," said Eng. Salah Al Shamsi, Chairman, Al Qudra Holding. "With Q Car Park, there will be enough parking lots for the residents to meet the projected parking demand in Abu Dhabi and other cities in the Emirates."

With the aspirations of Al Qudra Holding and the expertise of Al Malik Group, Q Car Park will play a major role in progressing the existing multi-storey car park facilities, building new car parking areas, managing and operating the parking lots whether its for hotels, shopping malls, buildings and hospitals, to name a few. By utilising sophisticated global tools required in the automated system management of this line of business, the company will also equip and maintain the new and existing parking areas. The new parking lots that will be constructed by Q Car Park will be managed by the Build Operate and Transfer (BOT) system.

"Parking and traffic have become one of the main shortcomings in the UAE, and we aim to minimize the problems rising from the rapid developments" said Ahmad Abdel Malik, General Manager, Al Malik Group. "On this project, we are pleased to be associated with one of the best reputed investment companies in Abu Dhabi, Al Qudra Holding. It is a partnership that will enhance the expansion of our services to all the other emirates, he added."

"Al Qudra Holding makes every effort to become the key contributors to the advancements of the local economy, whether in real estate, manufacturing, infrastructure or financial services. Our company's aim is to capitalize on the expansions and support all industrial sectors," commented Eng. Al Shamsi.