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HO CHI MINH CITY PARKING GOES UNDERGROUND.

Asia Africa Intelligence Wire

| May 04, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Asia Pulse)

HANOI, May 4 Asia Pulse - A joint-venture company is proposing to build a BOT (Build-Operate-Transfer) project to develop an underground parking lot under the existing Le Van Tam Park in Ho Chi Minh City's District 1.

The 5.9 ha Le Van Tam Park would be a three-floor parking space built on 2.9ha.

The first floor will have room for 38 buses, 69 minibuses and light trucks.

The 2,240sq.m entresol between the 1st and the 2nd floor will be able to accommodate 750 motorbikes and supporting facilities, and the second floor will hold 700 motorbikes and 263 cars. The third floor would accommodate 880 cars.

When …

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