CDA’s approval sets stage for ‘Digital Parking Transformation’
4-3-2024
Islamabad: The Capital Development Authority (CDA) has given the green light for the digitisation of parking lots in the city, managing traffic and boosting the local economy, as reported by a news source on February 27. Read: CDA to conduct feasibility study for provision of apartments to staff According to the details, the CDA Board approved a plan on Monday to digitise parking facilities across Islamabad. This initiative is particularly focused on business centres, where parking issues often contribute to traffic jams. Under an agreement with M/S AJCL, parking sites in Islamabad will be upgraded with the latest equipment and management systems. This includes the introduction of automatic and smart parking systems to streamline operations. Read: CDA invites EOI from private developers for Kurri Enclave Housing Scheme The decision to digitise parking was reached during the 9th meeting of the CDA Board on October 5, 2023, and has since been finalised with the signing of an agreement. M/S AJCL emerged as the successful bidder in a transparent bidding process, offering a revenue share of 75% to the CDA and retaining 25% for themselves.