Wednesday, 28/02/2018 09:54

HCM City mulls increase in fees for parking automobiles on roadsides

HCM City plans to increase the parking fees for automobiles parking on roadsides. – VNA/VNS Photo Manh Linh
Viet Nam News

HCM CITY – HCM City plans to increase the parking fees for automobiles that park on roadsides and sidewalks in District 1, 3, 5, 10 and 11 to VND20,000-40,000 (US$0.9-1.8) per hour.

Under a Department of Transport plan, which has been submitted to the People’s Committee for approval, the parking fee will be calculated by the hour instead of for parking once like now. Vehicles are charged a mere VND5,000 now.

The plan envisages two different fees depending on vehicle type. The first is for automobiles with up to nine seats and trucks weighing up to 1.5 tonnes; the second group is for automobiles with 10 -16 seats and trucks weighing between 1.5 tonnes and 2.5 tonnes.

The parking fee for the first group is VND20,000-25,000 per hour for the first and second hours, VND25,000-30,000 for the third and fourth hours, and VND30,000-35,000 from the fifth hour onwards.

The fees for parking overnight will be VND120,000-150,000.

For the second group the fee will be VND25,000-30,000 per hour for the first and the second hours, VND30,000-35,000 for the next two, and VND35,000-40,000 from the fifth hour onwards. Overnight parking will cost VND150,000-180,000.

The fees are 10-20 per cent higher than the average parking fees lots at malls, high-rise buildings and offices, according to the Department of Transport.

This is aimed at restricting the use of private vehicles and encouraging the use of public transport in the city centre to reduce traffic congestion, the department said.

The new rates will be applied on 35 streets where parking is allowed on roadsides in Districts 1, 3, 5, 10 and 11.

If the plan is approved, the city estimates it can collect VND31 billion ($1.4 million) a month, according to the department.  – VNS


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