Lahore Parking Company plans to outsource parking lots

Lahore: The government is trying to revive the outsourcing of city parking lots. The agenda was discussed in a meeting between the local government and Community Development Department Secretary Captain Saif Anjum (Retd).

invest with imarat

Islamabad’s emerging city centre

Learn More

In August 2010, government formed the Lahore Parking Company (LPC) for regulation of parking lots and plazas owned by the presently Municipal Corporation Lahore.

LPC was however relieved of operational burden by outsourcing 66 of the 220 sites to a private company which had been an unsuccessful experience as National Accountability Bureau (NAB) had to intervene into the issue.

Mr. Anjum said that meanwhile regulation of parking lots by LPC or outsourcing them is manageable, we are trying to devise a plan which can earn revenue as well as provide relief to motorists as a win-win situation for all stakeholders.

For news and updates keep on visiting Graana blog

Maham Tahir

Recent Posts

Punjab Approves PKR 15.76 Billion Development Projects for Roads, Wildlife, and Tourism

Lahore: The Provincial Development Working Party (PDWP) has approved development projects worth PKR 15.76 billion…

17 hours ago

LCCI establishes Rs3m Emergency Fund for KPK flood-hit people

LAHORE – The Lahore Chamber of Commerce and Industry (LCCI) on Sunday announced an emergency…

3 days ago

Saudi Banks’ Lending Surges to SR3.2 Trillion in June, Propelled by Corporate Demand

RIYADH – Outstanding loans from Saudi banks climbed to SR3.2 trillion ($849.7 billion) in June,…

3 days ago

CDA Sets 3-Month Deadline for Rs1.4B T-Chowk Flyover

ISLAMABAD: The Capital Development Authority (CDA) has opened bids for the Rs1.4 billion T-Chowk Flyover,…

4 days ago

Future Salalah City Announced: 60,000-Resident Urban Project to Transform Dhofar

SALALAH: Oman’s Ministry of Housing and Urban Planning has announced plans for Future Salalah City,…

5 days ago

Approval Granted for Gwadar’s Eastbay Expressway Phase II

Gwadar: The federal government has approved the construction of Gwadar Eastbay Expressway Phase II, linking…

1 week ago