Private Parking Management and Investment

Private Parking Management and Investment

A partnership… building a country Damascus Governorate Council in its second session held on Tuesday 27/03/2018 decided to authorize Damascus Cham Holding to assign one of its management companies to manage and invest private parking within the administrative boundaries of Damascus Governorate. It is worth mentioning that Damascus Cham Holding, which represents the investment arm of Damascus governorate, is working on developing new strategies to invest in garages in Damascus. In addition to the development of the existing garages, the establishment of new garages, and activating the underground garage projects, especially under gardens, conveying the modern experience that will be applied in the city of Marota for the rest of places in Damascus city. Damascus Cham Holding also plans to implement the latest technologies in garage management and use, including the concept of smart parking garage, and the system of guidance and information on the garage PGIS. Also creating applications to be used via mobile phone that gives users the ability to obtain information including the garage available in a specific area, in addition to obtaining information about the garage that has been used (wages - time period ..). Furthermore, electronic payment will be worked on, in addition to adopting of the latest technologies of lighting systems and sustainable energy in sites that need such systems. Mr. Nasouh Al-Nabulsi, CEO of Damascus Cham Holding, explained that this mandate is a new challenge for Damascus Cham Holding, which proved, within a short period of time, its ability to attract investments and accomplish strategic partnerships. Realizing the principle of safe investment in order to achieve returns to Damascus to contribute to the development of the city and accelerate the reconstruction process.