Dubai Courts has signed a contract for the development of the world’s largest automated car park facility within its premises, the first project announced under Dubai’s Public Private Partnership (PPP) Law introduced in November by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, said a report.
The deal was awarded to Park Line, a joint venture between Next Generation Parking (NGP), a KBW Investments company, and ITNL Infrastructure Developers, a subsidiary of IL&FS Transportation Networks (ITNL), India, reported Emirates24/7.
NGP is a leading innovator, manufacturer and solution provider of hitech robotic parking systems, while ITNL is the road development arm of infrastructure developer and financier, Infrastructure Leasing and Financial Services Ltd (IL&FS).
The Dubai Supreme Court, having a built up area of 55,742 sq m, will include development of a new Supreme Court building, comprising 4,420 sq m that will house over 50 Supreme Court Judges, 18,600 sq m of office space and 3,154 sq m of retail, stated the report.
The project, proposed to be located on part of the existing Court’s premise, is scheduled for completion in 30 months, it added.