Hanoi anticipates favorable policies for developing its static transport infrastructure
As Hanoi implements the Capital Law in the coming period, there should be preferential land policies and the ability for businesses to develop car parks.
Management agencies and experts told the Hanoi Moi Newspaper of their optimism that after the approval of major plans for the capital, especially during the upcoming implementation of the Capital Law, Hanoi will introduce a range of appropriate mechanisms and policies. These are expected to address challenges and prioritize projects related to transport infrastructure.
Director of Hanoi Department of Transport Nguyen Phi Thuong:
Currently, the city has tasked the Department of Planning and Investment with reviewing all parking-related investment projects to clearly identify which projects will proceed and which will not. Additionally, the city has delegated management of parking lots to district and local authorities, who will also review unimplemented projects in their areas and report back to the city.
Dr. Architect Dao Ngoc Nghiem, Vice Chairman of the Vietnam Association for Urban Planning and Development:
However, the challenges facing Hanoi now present opportunities for solutions. The 2024 Land Law and the amended Capital Law both include provisions for underground space. Hanoi is also the first locality in the country to have a plan for underground space development, which has been recognized with legal rights for land use, lease, and transfer. Combined with policies related to the Transit-Oriented Development (TOD) model, these changes are expected to lead to breakthroughs in utilizing underground space for parking.
In the near future, the city needs to quickly formalize these initiatives during the implementation of the Capital Law, as this is a complex issue requiring suitable mechanisms and policies to attract investment. Additionally, it is essential to urgently review the guidelines for static transport within the entire planning system, compare them with existing practices, and align them with the proposals in the Capital Master Plan and the Adjusted General Plan for Hanoi to develop a specific proposal for the development of traffic infrastructure and static transport.
National Assembly Deputy Nguyen Van Canh from Binh Dinh Province:
Architecturally, many car parks will be designed as architectural works or green buildings, enhancing the urban landscape. In fact, they could be even more aesthetically pleasing than the boxy, glass-covered shopping malls we see today.
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