SALIK PUBLIC OFFERING

Salik is Dubai’s sole toll gate operator and currently operates 8 automatic toll gates throughout Dubai

Salik’s business model is capex-light in nature and enjoys best in class operating margins.

Salik’s toll gates utilise state-of-the-art RFID technology, reducing traffic bottlenecks and resulting in significantly lower carbon emissions.

Under a 49 year concession agreement, Salik holds the exclusive right to operate current and future toll gates during the concession term.

Salik has a strong relationship with RTA and operates under a well-defined regulatory framework which reduces tariff uncertainty and helps future proof its business.

Salik is a critical asset for the emirate, in a city where car penetration is extremely high with more than 60% of Dubai’s commuters using private cars.

Salik’s net toll traffic from 2013 through 2019 grew at 5.5% compound annual growth rate (CAGR) driven by Dubai’s evident robust economic growth, above the UAE GDP growth levels for the same period.

Salik’s toll gates are located at strategic junctures and high traffic areas, especially on the 558.4km-long E11 motorway (also known as Sheikh Zayed Road), stretching from Abu Dhabi through Dubai and Sharjah to Ras Al Khaimah

RTA has been allocated a budget of AED 5 billion to help develop the five main urban centres under the Dubai 2040 Urban Master Plan, three of which are linked with existing toll gates on the Sheikh Zayed Road.

Salik enjoys a 92% customer satisfaction rate, which is the result of the company’s brand strategy and forward-thinking culture.