The Capital Development Authority (CDA) has unveiled at G-8 Markaz a new concept of car parking for which Islamabad does not have an example. This is the first and most welcome development in parking facilities within the city. The project’s inauguration took place in the presence of CDA Chairperson Mohammad Ali Randhawa and board members. Who were briefed by Member Technology and Digitisation Nauman Khalid.
Drive Free Parking for generating Reactions CDAÂ
For the public to use the new system. The CDA is providing the public with the first ten days of parking free of charge. This marketing objective seeks to ensure that local citizens do, to some extent. Learn the new ways of parking their vehicles. The technology will launch at the parking area next to Centaurus Mall and at F-7, with both sites going live on September 25. More developments include the Blue Area parking plaza. Which is still being built.
Multiple Payment Possibilities and how the Funds will be Deployed CDAÂ
Seven ways of payment are possible for the non-traditional parking facilities in Washington DC. Credit cards, debit cards, QR codes, punch cards, and cash-in-paying machines. In his remarks, CDA Chairman Randhawa stated that the digital parking facility proceeds would fund the development of nearby markets, boosting business and economic activity within the city.
Contract and Revenue Sharing Modifications
The Joint Venture of Pakistani and Chinese companies received a five-year data agreement for the digital parking project. It is appropriate to state that CDA revenue will be 75%, and the contractor will take 25% percent. CDA will deposit all revenue from collections directly into its accounts and allocate the contractor’s share monthly.
Fee Structure and the parking system’s management
The CDA has implemented a policy providing visitors with free parking for 15 minutes. The new parking system and its management are under the control of the Directorate of Municipal Administration (DMA), one of the MCI departments involved in digitization.
Management Background and Audit Issues
The committee has been accused of corruption in collecting parking fees. A specific review of its revenue expenditure performance conducted in 2022 would highlight irregularities and issues such as fraudulent printing of Parking Maturity Terminology and parking tickets. The audit also indicated poor management and a lack of transparency, which resulted in a loss of Rs. 82.34 million.
Investigation Status of the Case and The Prospect
The inquiry committee formed to investigate the issues raised by the audit has not yet disclosed its findings. The CDA and MCI are anticipating conducting more investigations to minimize the deficiencies accompanying the collection of parking fees.
