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Cape Town - With growth potential and investment in Africa increasingly under the spotlight, the South African based parking management company, Interpark – a member of the Excellerate Property Services group, is focused on increasing its footprint into the continent.
“We are extremely positive regarding the future of Africa and the opportunities it offers, not only from our own business growth perspective but also in regard to providing technologically advanced service offerings and parking solutions in the various countries in Africa,” said Kate Wolfaardt, managing director of Interpark.
Currently Interpark has over 240 contracts across South Africa, Swaziland and Botswana, with its first site in Namibia due to commence in November 2013.
“As the demand for shopping centres and office space has grown, so too have parking requirements in Africa," Wolfaardt said.
"In Swaziland our activities took off from the outset as one landlord introduced paid parking to three of his properties at the same time in close proximity to each other – Swazi Plaza, The Mall and New Mall in Mbabane."
Interpark employs approximately 2 000 employees in total and its expansion into Africa is creating new job opportunities for local residents.
"We estimate that by March 2014 we will probably employ some 55 staff outside of South Africa,” she said.
“We find that people in Africa are increasingly becoming accustomed to travel beyond their borders and abroad. being exposed to a prevalence of automated pay on foot parking facilities. As long as the technological support for such equipment is available in these countries, we will continue to see growth in the pay on foot parking model in the continent."
- Fin24
“We are extremely positive regarding the future of Africa and the opportunities it offers, not only from our own business growth perspective but also in regard to providing technologically advanced service offerings and parking solutions in the various countries in Africa,” said Kate Wolfaardt, managing director of Interpark.
Currently Interpark has over 240 contracts across South Africa, Swaziland and Botswana, with its first site in Namibia due to commence in November 2013.
“As the demand for shopping centres and office space has grown, so too have parking requirements in Africa," Wolfaardt said.
"In Swaziland our activities took off from the outset as one landlord introduced paid parking to three of his properties at the same time in close proximity to each other – Swazi Plaza, The Mall and New Mall in Mbabane."
Interpark employs approximately 2 000 employees in total and its expansion into Africa is creating new job opportunities for local residents.
"We estimate that by March 2014 we will probably employ some 55 staff outside of South Africa,” she said.
“We find that people in Africa are increasingly becoming accustomed to travel beyond their borders and abroad. being exposed to a prevalence of automated pay on foot parking facilities. As long as the technological support for such equipment is available in these countries, we will continue to see growth in the pay on foot parking model in the continent."
- Fin24
