Ho Chi Minh City acts to deal with 4 long-stalled underground parking lot projects

February 29, 2024

The Ho Chi Minh City Department of Transport has asked relevant departments and agencies to propose solutions to four underground parking lot projects which have been put on hold for nine to 15 years in the downtown area. The four parking lot projects were planned under Le Van Tam Park, Tao Dan Park, Trong Dong Stage, and Hoa Lu Stadium, all in District 1. The municipal government green-lighted the underground parking lot project at Trong Dong Stage in 2009. The Department of Transport recommend that the municipal People’s Committee issue a decision to terminate the contracts for these two underground parking lot projects. The four-story underground parking lot at Tao Dan Park carried a price tag of over VND1 trillion ($40.6 million) and was designed to accommodate 1,198 cars and 896 motorcycles.

The source of this news is from Tuoi Tre News