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◕ SundialUpdated 5 days ago
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Pakistan

CDA Earns Rs. 546 Million from Parking Fees in Islamabad

The Capital Development Authority has collected Rs. 546.13 million in parking fees across Islamabad, managed at 14 key locations.

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CDA Earns Rs. 546 Million from Parking Fees in Islamabad
A view of the Faisal Mosque in Islamabad, one of the 14 locations where parking fees are collected.

Key Takeaways

  • The Capital Development Authority (CDA) has collected Rs. 546.13 million in parking fees over the past three years.
  • Parking operations are managed at 14 locations across Islamabad, including Daman-e-Koh and Faisal Mosque.
  • The collected revenue will be used for maintenance, cleanliness, and other facilities at parking sites.

The Capital Development Authority (CDA) has reported a significant revenue stream from parking fees in Islamabad, with a total of Rs. 546.13 million collected over the past three years, according to a written reply submitted to the National Assembly.

The parking operations are managed at 14 key locations, including Daman-e-Koh, Shakarparian, and the Faisal Mosque, among others. These sites are crucial for both residents and visitors to the city.

The approved parking fee is Rs. 100 for cars and Rs. 50 for motorcycles, as per the Islamabad Capital Territory Parking Regulations, 2023, approved by the CDA Board.

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To ensure efficient management and transparency, the Metropolitan Corporation Islamabad (MCI) has outsourced digital parking operations to M/s Windsor Solutions for a period of three years through a competitive bidding process under public procurement rules.

A cashless parking system with a live dashboard has been introduced to record vehicle entries and exits and track parking revenue in real time, enhancing the operational efficiency of the parking management system.

The collected revenue will be deposited into the public exchequer and is intended to help meet the costs of maintenance, cleanliness, security, traffic management, lighting, and landscaping at the parking sites.

The CDA has emphasized the importance of these funds in supporting the overall infrastructure and services provided at the parking locations, ensuring a better experience for all users.

The digital system has also improved the convenience for users, as it allows for seamless payment and real-time tracking of revenue, reducing the need for manual record-keeping and potential discrepancies.

The CDA’s efforts in implementing a modern and transparent parking system are expected to benefit both the city’s residents and visitors, contributing to a cleaner and safer urban environment.