One of the world’s largest automated car parks will be built in Dubai as part of the emirate’s first public private partnership (PPP) deal, which was signed off on Thursday. The full project involves the construction of a new Supreme Court building, plus 18,600 square meters of office space, and over 3,000 meters of retail space as well as the new car park. It will be built on the site’s existing car park, and is scheduled to be completed before the end of 2018.
“The Dubai Supreme Courts development, an expansive project that will be a hallmark achievement in NGP’s portfolio, demonstrates the UAE’s forward-thinking movement toward smart and sustainable building,” said Prince Khaled Bin Alwaleed bin Talal, the founding Chairman of KBW Investments.