KUALA LUMPUR: Damansara Realty Bhd, via its wholly-owned subsidiary, Metro Parking (M) Sdn Bhd has been appointed to manage the parking facilities for Dataran Maybank, Etiqa Twins and Akademi Etiqa buildings here.
The parking facilities management contract is valued at RM1.1 million for a 36-months tenure.
Damansara Realty chief executive officer Brian Iskandar Zulkarim said the new contract is a boost to Metro Parking’s growing order book for parking management services, not just in Malaysia but in the region.
“We are encouraged by the number of parking management contracts that we have secured under Metro Parking ever since we reinvigorated this business segment. We have increased our parking management contracts by 12 per cent year-to-date (YTD) compared to same period of 2016,” he said in a statement.
“We aim to strengthen our position in this area further, having already clinched the top three position as the preferred car park management company in Malaysia, and the number one position in the Philippines,” he added.
Metro Parking also recently secured contracts for parking facilities management with Mass Rapid Transit (MRT) worth RM2.2 million for a period of 24-months, specifically for MRT Bandar Tun Hussein Onn, MRT Taman Suntex, MRT Maluri, MRT Phileo Damansara and MRT Sungai Buloh.
Metro Parking offers a wide range of parking management related services that include professional car park management, design and consultancy. Apart from Malaysia, Metro Parking also has presence in Singapore and Philippines, operating over 200 car parks comprising of 60,000 parking bays.
As of October, it secured a total of RM73 million worth of parking management contracts, the breakdown of which is RM8 million from Malaysia, RM8.5 million (the Philippines) and RM56.6 million (Singapore).