The progress of underground parking in Ho Chi Minh City is slowing down, such as Le Van Tam Park underground car-park, Hoa Lu football ground of underground car-park, Tao Dan underground parking lot, underground car-park area of the Trong Dong stage.

This is information shared by the Director of Department of Transport Ho Chi Minh City – Mr. Bui Xuan Cuong to the press on January 16.

According to Mr. Bui Xuan Cuong, for 4 locations of underground car-park projects with investors interested, two locations built in the form of BT (Build – Transfer) are Hoa Lu football ground underground car-park and Tao Dan football ground. Now investors are doing research.

Because the investment process in the form of BT and expense refund for investors, as the city is currently preparing construction to issue so the progress of BT projects will be slow down.

As for BOT project (Build – Operate – Transfer) underground car park Le Van Tam Park. Investors have completed the procedures and initially implemented.

However, by assessing the financial options of investors (cost of providing and capability of repay capital for investors) nowadays investors are having difficulties.

As a result, an interagency working group set up by the People’s Committee of Ho Chi Minh City is reviewing and inviting investors to work to remove difficulties for Le Van Tam parking lot.

For the BOO (Construction – Ownership – Operate) car park of Trong Dong stage. At present, there are problems due to the proximity of the subway line No. 2, so the department has recently coordinated with the investor to solve this problem in order to adjust the design in accordance with legal provisions on the corridor security whole train.

On the other hand, the city is looking to integrate this area both car care functions and check in airport procedures to transfer passengers downtown to Tan Son Nhat airport in order to stretch the pressure on the Tan Son Nhat airport.

 Currently, the aviation sector has supported this policy and related units are doing the procedure of trying in quarter I / 2018 with investors to remove difficulties and focus deployment.