Salik IPO: What does ‘dynamic pricing’ for road tolls mean and how could it work in Dubai? – The National

  • Date: 06-Sep-2022
  • Source: The National
  • Sector:Financial Markets
  • Country:UAE
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Salik IPO: What does ‘dynamic pricing’ for road tolls mean and how could it work in Dubai? – The National

Salik, Dubai's toll operator, plans to introduce “dynamic pricing” at its toll gates to increase revenue and reduce congestion, it said on Monday, as it revealed details about its upcoming listing on the Dubai Financial Market.

Dubai's government plans to sell a 20 per cent stake - or 1.5 billion shares - in the emirate's toll operator later this month.

Salik, which announced the possibility of launching dynamic pricing as part of its future growth plans, said the system would be based on similar models used in other cities such as Dallas and Stockholm.