October 18, 2021 | 00h00
MANILA, Philippines – Metro Pacific Tollways Corp. (MPTC) is betting big on the parking industry, with plans to strengthen its portfolio of managed parking spaces.
MPTC ventured into the parking industry through a parking solutions subsidiary called Dibz.
Plans are underway for the expansion of the business, according to Dibz assistant vice president of operations and marketing Donald Saurombe.
“Our number of slots in our parking management, we have over a thousand active slots right now and by the end of next year we are looking to increase that number to 10,000 slots. That’s what we have on the pipeline, ”Saurombe said.
Dibz is a group of smart parking services that offers, among other things, pre-booked parking, valet parking and parking management.
“Currently, due to the pandemic, we have discontinued our service for pre-reserved parking. We want to bring it back next year once people get back to work in the office and also bring it back on a much larger scale, ”Saurombe said.
“We’ll be bringing it back much bigger next year so it’s available in all major cities, central business districts like BGC, Makati, Ortigas, Pasay, the Newport area and more,” he said. he declares.
Saurombe said Dibz aims to revolutionize the parking industry and improve the parking experience for motorists.
“We have created a mobile application that allows drivers to search for, reserve and be guaranteed a parking space, which saves them the hassle that they usually have to face when they traditionally park,” he said. he declares.
Dibz is one of seven subsidiaries offering digital solutions introduced by MPTC last week as part of its new business unit called MPT Mobility Inc.
MPTC President Rodrigo Franco said the creation of MPT Mobility would play a key role in the sustainability of the company, as it would serve as the lead organization in MPTC’s pursuit of new revenue streams.
Traffic on MPTC’s national toll roads has already improved with the relaxation of quarantine restrictions, allowing mobility for motorists.
In the first half of the year, MPTC’s revenue grew 36% year-on-year to 8.3 billion pesos, while core revenue jumped 105% year-on-year to 1.9 billion pesos.
MPTC is the toll arm of the Metro Pacific Investments Corp. conglomerate.