Ho Chi Minh City plans to invest in smart parking

Local investors have recently put forward multiple plans to build multi-story parking lots at nine major hospitals in the southern hub, where parking space is always in high demand.

During a recent meeting with the municipal People’s Committee, En-Parking Japan, a company specializing in developing smart car parks also suggested the construction of the modern parking models at four locations in District 1.

Accordingly, a nine-story smart parkade that can accommodate 130 cars will be set up at Lam Son Square, situated behind the Municipal Theater, while a six-floor garage will be constructed at 23/9 Park.

Two other multi-story smart parking lots will be established at Tao Dan and Le Van Tam Parks, each with a capacity of about 144 automobiles.

According to the city’s Department of Transport, the smart parking garages will notify users of the slots available at the time of parking.

Some will also be equipped with a smart system that can automatically arrange vehicles.

The construction of this type of parkade will be completed in a shorter time than underground parking basements, thus resolving parking lot issues in a faster manner.

Many investors have been increasingly interested in developing parking lots at local hospitals, parks, and schools, as they can see the huge potential of such projects.  

Competent agencies have supported the idea of building smart parking lots at nine of the city’s infirmaries, stating that developers should devise a detailed plan this month.

Regarding the four smart car parks in the downtown area, Nguyen Van Tam, deputy director of the municipal transport department, said that the parking system would be very useful and could be in use for up to eight or 10 years.

Tran Vinh Tuyen, vice-chairman of the city’s administration, has encouraged local businesses to invest in building parking lots across the metropolis.

The high demand for parking space is not only present in the downtown area but also in other parts of the city, Tuyen continued.

These projects will be carried out by the private sector, the official said, adding that developers could collect service charges and place ad banners at the facilities.

However, businesses should determine a reasonable rate and be transparent in their operation of the parking lots, he noted.