First Multi-Storey Parking Makes Debut In Hanoi

The Hanoi Transport and Services Corporation (Transerco), on July 16th, put the first automated 5-storey car park, at a cost of VND13 billion, into operation after three months of construction.The facility, made by steel, is located on 126sqm at 32 Nguyen Cong Tru street in Hai Ba Trung district, with a capacity of housing 30 automobiles.

Interestingly, it is removable and flexible and can be reassembled on any place within 15 days and it only takes two to three minutes to get a car out of the garage, meeting increasing demand for parking space in the capital.
Car owners have to pay VND30,000 per car for two hours or VND2-2.5 million per car a month.
Up to the end of 2012, Transerco plans to build two more multi-storey car parks on Nguyen Cong Hoan and Tran Quang Khai streets.

(Source: Vietnam investment news)

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