Wednesday, 22 Nov 2017
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INVESTMENT

Investment in Public Parking Lots: Priority for Overloaded Areas

Updated at Thursday, 29 Jun 2017, 12:49
The Hanoitimes - This was the outcome of an inspection by the Urban Department of the City Council to supervise the implementation of parking network masterplanning in Hanoi until 2020.
 
 
 
The inspection results show that the master plan only outlined orientations but mentioned no concrete measures not even the sites planned for parking lots.  Some of the locations have not been updated in the 1/2000 master plan of the districts and wards, making the investment planning difficult. Indeed, many public parking lot projects have been approved by the city many years ago but ground has not been broken. Some  locations planned to be parking lots  are converted into mixed-use between  commercial centers and  underground parking, obviously unable to meet the  designed parking capacity.  The private sector is not pouring investment in parking lots as  the incentives are not strong enough to attract them.
 
The inspection results concluded that the some sites planned for parking lots are not attractive enough or delayed land clearance. In addition, some investors proposed sites projected for parking lot without actually executing the project and leaving the ground empty. The loose coordination among the city’s functional agencies and district level administrations in the land stock management is also blamed for the slow construction of public parking lots.

The Urban Department proposed the City’s administration to review projects which have been approved for investment but currently being delayed in implementation. Furthermore, the department proposed functional agencies to make regular supervision on projects approved but left unexecuted.  

Other measures proposed by the department include the tight supervision and examination the capacity of potential investors and  giving priorities to build parking lots in urgently needing areas.

The department also asked housing projects to build parking lots not only for the residents but also to neighboring areas.  It also suggested designing   automated multi-storey parking models  for investors to refer to and to apply".

The Urban Department also requests districts and wards to monitor and update contents of the planning during the process of preparation, appraisal and approval.  Regularly checking, detecting and timely handling violations committed by investors during the implementation of the project will help prevent serious and prolonged infringement, concluded the report by the Urban department.

As of May 31, 2017, the city has completed the construction of 21 parking lots (5 high-rise parking lots, 2 underground parking lots and 14 parking lots) with a total area of 37.02 hectares; 15 parking lots are still under construction, while 59 parking lots have been approved for investment. On the layout of the facilities, the city has reviewed and arranged 727 locations for vehicle parking in downtown area.
Nguyen Tung
(Ha Binh - Kinhtedothi.vn)
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