HCM City authority is speeding up construction of four underground parking lots in District 1 (Photo: VNA) HCM City (VNS/VNA) - The Ho Chi Minh City Department of Transport hastold contractors to complete procedures and speed up work on four undergroundparking projects.
Contracts will be terminated if the projects are not developed on schedule orprolonged.
The city is building four underground parking lots at Le Van Tam Park, Tao Dan Park,Trong Dong Stage and Hoa Lu Stadium, all in District 1.
On July 10, the city’s People's Committee cancelled the build-operate-transfer(BOT) contract with the Investment and Development for Underground SpaceCorporation (IUS), the main contractor for the underground parking lot in LeVan Tam Park.
Approved by the city authority in 2009, the parking lot under the Le Van Tam Parkwould accommodate 1,300 cars and 2000 motorbikes. However, the project is stillon paper.
The authority has directed the city’s Department of Transport to work with thecontractor of the parking lot project under the Trong Dong Stage to findsolutions to speed up the work.
In addition, the department will work with the Management Board of TransportInfrastructure to complete the pre-feasibility study report for projectslocated in Hoa Lu Stadium and Tao Dan Park.
The parking project under the Trong Dong Stage has total investment of 740billion VND (31.9 million USD) on an area of 1,620 m2. The project will includeseven underground floors and three floors above ground.
The project is expected to accommodate 890 cars and 400 motorbikes.
The four-storey underground lot at Tao Dan Park has a total investment of 1trillion VND (43.1 million USD), and space for 1,198 cars and 896 motorcycles.The lot at Hoa Lu Stadium will cost 3.4 trillion VND (146.6 million USD) andhas five basement floors, with parking spaces for 2,548 cars and 2,873motorcycles.
The department has also asked cityauthorities to build automatic parking lots. These parking lots would have acapacity of 10 to 20 vehicles and would be located near offices and companiesin the city centre. — VNS/VNA
Contracts will be terminated if the projects are not developed on schedule orprolonged.
The city is building four underground parking lots at Le Van Tam Park, Tao Dan Park,Trong Dong Stage and Hoa Lu Stadium, all in District 1.
On July 10, the city’s People's Committee cancelled the build-operate-transfer(BOT) contract with the Investment and Development for Underground SpaceCorporation (IUS), the main contractor for the underground parking lot in LeVan Tam Park.
Approved by the city authority in 2009, the parking lot under the Le Van Tam Parkwould accommodate 1,300 cars and 2000 motorbikes. However, the project is stillon paper.
The authority has directed the city’s Department of Transport to work with thecontractor of the parking lot project under the Trong Dong Stage to findsolutions to speed up the work.
In addition, the department will work with the Management Board of TransportInfrastructure to complete the pre-feasibility study report for projectslocated in Hoa Lu Stadium and Tao Dan Park.
The parking project under the Trong Dong Stage has total investment of 740billion VND (31.9 million USD) on an area of 1,620 m2. The project will includeseven underground floors and three floors above ground.
The project is expected to accommodate 890 cars and 400 motorbikes.
The four-storey underground lot at Tao Dan Park has a total investment of 1trillion VND (43.1 million USD), and space for 1,198 cars and 896 motorcycles.The lot at Hoa Lu Stadium will cost 3.4 trillion VND (146.6 million USD) andhas five basement floors, with parking spaces for 2,548 cars and 2,873motorcycles.
The department has also asked cityauthorities to build automatic parking lots. These parking lots would have acapacity of 10 to 20 vehicles and would be located near offices and companiesin the city centre. — VNS/VNA
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