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.

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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.