HCMC plans 4 more underground parking lots

TN News

Email Print

Though the construction of four underground parking lots licensed long ago has yet to begin in Ho Chi Minh City, authorities have ordered local agencies to make plans to build four more.

At a meeting on Monday Nguyen Huu Tin, deputy chairman of the city People's Committee, ordered the Department of Transport to finalize locations for two of the four by year end so that comprehensive plans can be made, VnExpress reported.

Earlier, out of 18 locations proposed for the lots, the department chose four in Districts 5, 10, and 11.

Tin also ordered the Departments of Planning and Investment and Construction and tax agencies to consider incentives for investors so that the lots can be built as soon as possible.


Over 70 pct high-rise buildings lack parking spaces in HCMC

Meanwhile, the four underground lots that were approved remain in limbo.

The first one, planned to be built below Le Van Tam Park in District 1 at a cost of US$110-million, was expected to be ready this December, but work has yet to start. 

Like us on Facebook and scroll down to share your comment

More Society News