The first robotic parking facility in Israel, built by a Chinese company, was inaugurated on Sunday at the train station in the city of Kfar-Saba.

The facility, which lifts the cars to the upper floors, was established by the Israeli branch of Tangshan Parking Equipment Company (TOPP) in cooperation with the Kfar Saba municipality.

The facility is used for a marketing display with 12 parking spaces. Customers can order the facility according to their needs, which can park up to hundreds of cars.

The cost of setting up 500 parking spaces in a regular 5 or 6 floors parking lot is about 18 million U.S dollars, while TOPP's system costs about 6.9 million dollars.

TOPP, founded at the beginning of the previous decade, is one of the world's leading companies in the field of robotic parking lots.

So far, TOPP has established about 750,000 parking spaces in China. It has also completed projects in many countries including China, Russia, Japan, Colombia and Australia.

TOPP is a subsidiary company of China National Building Material (CNBM), a public traded company engaging in cement, lightweight building materials and so on.