HCMC proposes building parking lots on empty land

Aerial view of the 23 Thang 9 Park, one of the locations where HCMC intends to erect a parking lot, October 2022. Photo by VnExpress/Quynh Tran

Ho Chi Minh City has asked the National Assembly to approve the construction of parking lots on empty land as the city currently lacks 900 ha (2,224 acres) of parking space.

The suggestion has been sent to the Ministry of Planning and Investment for consideration, before being presented to the central government. The proposal was made as the southern metropolis of 10 million people is currently suffering from a severe shortage of parking space. There are only around 300 ha of parking space, far short of the city’s goal of 1,200 ha, according to official data.

HCMC is requesting the National Assembly allow investing in structures with the usage of no more than 10 years on empty land. These projects may include high-rise parking complexes and structures for culture and sport activities.

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