The Saigon Transportation Mechanical Corporation began construction of the first multi-level parking lot in Co Giang Ward in District 1 in Ho Chi Minh City on March 23.
The parking lot will have ten floors and cover 3,100 square metres of land area.
The company will also build an eight-storey complex next to the multi-level parking lot for maintenance, repair and other such related services.
The multi-level parking lot is expected to complete by February 2013 and will eventually provide parking space for upto 500 cars.