Underground parking lot project in Le Van Tam Park proposed to terminate

The People’s Committee of District 1 has just sent an official letter to propose the Ho Chi Minh City People’s Committee terminate the implementation of the underground parking lot project at Le Van Tam Park to review, adjust the plan serving for investment invitation. 
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Earlier, the Municipal People’s Committee directed the functional agencies to terminate the BOT contract on the implementation of the underground parking lot project at Le Van Tam Park as the investor had not had enough capacity and violated the terms of the contract.

According to the Municipal Department of Transport, the investor has not completed the investment procedures and has not implemented the project as guaranteed.

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