Metro Parking secures parking management contracts worth RM1.1 mln

KUALA LUMPUR: Damansara Realty Bhd’s wholly-owned unit, Metro Parking ( M) Sdn Bhd ( Metro Parking), has secured parking facilities management contracts worth RM1.1 million for the Dataran Maybank, Etiqa Twins and Akademi Etiqa buildings in Kuala Lumpur.

In a statement yesterday, it said the new contracts for a 36-month tenure were a boost to Metro Parking’s growing order book for parking management services in Malaysia and the region.

For 2017, Metro Parking bagged RM73 million worth of parking management contracts, including RM8 million for Malaysia, RM8.5 million for the Philippines and RM56.6 million for Singapore.

“We are encouraged by the number of parking management contracts 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, compared to same period of 2016,” said group chief executive officer, Brian Iskandar Zulkarim.

The group aims to strengthen its position in this area further, having already clinched the top three position as the preferred car park management company in Malaysia, and the foremost spot in the Philippines.

Metro Parking offers a wide range of parking management related services that include professional car park management, design and consultancy. — Bernama