Buy | Sell | Rent | Invest

MCI Decides to Digitize Public Parking Fee in Islamabad

MCI Decides to Digitize Public Parking Fee in Islamabad

Islamabad: According to a news source on October 31, the Metropolitan Corporation Islamabad (MCI) has revealed intentions to digitise public parking rates throughout the federal capital. A public-private collaboration would be used to build the new parking management system, stressed an MCI official (name withheld). The complete system will be installed by a commercial business that will work on a revenue-sharing basis. Crucially, the current parking fees will remain unchanged, with MCI setting the current prices. As a result, parking for bikes will always cost PKR 30, while parking for cars will always cost PKR 50.

Also Read: RDA Urges FIA to Take Action Against Illegal Housing Projects

To help with this transition, the MCI has encouraged fintech and technology solution companies to submit expressions of interest. The project's initial phase will concentrate on well-known sites like F-9 Park, Lake View, and the Centaurus Parking structure. This digital programme will also cover parking zones at Kohsar Market and G-9 Public Transport. Additionally, the parking costs for the two plazas in F-7 will be digitalized.

In the future, other parts of the city will be covered by the digitization initiative. Even though there was an auction for the collection of F-9 parking fees, no businesses showed interest, underscoring the particular difficulties involved in this change. The digitalization of public parking rates, a major step towards modernising Islamabad's urban scene, is still something the MCI is dedicated to advancing.

Related News Posts

DHA Quetta Decides to Hold Sector A-6 Ballot on May 18

DHA Quetta Decides to Hold Sec...

2 weeks ago
Luxury Apartment Project on Murree Expressway Launched by British Firm

Luxury Apartment Project on Mu...

2 weeks ago
Punjab Govt. Initiates “Apni Chhat Apna Ghar” Scheme for 100,000 Families

Punjab Govt. Initiates “Apni C...

3 weeks ago
Solar Power Initiative for 50,000 Households Approved by CM Punjab

Solar Power Initiative for 50,...

3 weeks ago