Speaking at the event, Chung said that the underground parking lot project will soon be constructed at Quan Ngua Stadium in Ba Dinh district.
The parking lot will have a capacity of 2,500 cars and 5,000 motorbikes over five floors on an area of 1.8ha. The capital poured into the project is estimated to reach VND2.7 trillion ($119 million), while the payback period will be around 30 to 35 years.
Beside the tentative parking lot at Quan Ngua Stadium, Hanoi’s authorities are collaborating with investors to study the feasibility of building parking lots at other municipal areas, reported Tuoi tre (Youth) newspaper.
“In Hoan Kiem district, investors are considering constructing parking lots at the Friendship Cultural Palace, in front of Reunification Park and the Hanoi Opera House. Moreover, the authorities plan to set up many smart parking lots around the city,” Chung said.
“An enterprise has proposed the construction of an underground parking lot near Thu Le Park with a capacity of 1,400 cars and 2,000 motorbikes,” he added.
The meeting also touched upon the city’s severe traffic congestion.
“As the number of vehicles in the city rockets, Hanoi is now facing the most serious traffic jams in its history. The city is home to about 620,000 cars – not to mention those belonging to the armed forces – and 5.5 million motorbikes,” said Chung.
Therefore, besides calling for investment in underground parking lot projects, Hanoi authorities have come up with measures for depopulation in the city centre.
At present, three new urban areas in Hoa Lac, Soc Son and Son Tay have been planned. Meanwhile, the two satellite urban areas of Xuan Mai in the outlying district of Chuong My and Phu Xuyen in districts of Thuong Tin and Phu Xuyen will be completed in the near future.
Last April, the municipal Department of Transport announced a plan to switch four main inner-city bus stations including Gia Lam in Long Bien district, My Dinh in Nam Tu Liem district, and Giap Bat and Nuoc Ngam in Hoang Mai district into parking lots and bus interchanges by 2020.
The bus stations will still serve as places to pick up and drop off passengers, but will gradually be transformed into parking lots. Gia Lam and Giap Bat bus stations are planned to be completed in 2020, followed by My Dinh and Nuoc Ngam in 2025.
In 2017, nearly 500 illegal parking lots in the city were discovered by the Hanoi Police.