National Parking Systems, the company which has inked an agreement with the Mayor and City Council (M&CC) to install parking meters around the city, has announced that the project would come on stream as early as September.
The announcement was made by way of an advertisement in the Sunday editions of the Guyana Chronicle and Kaieteur News.
The advertisement stated that the project, which is a collaboration between the M&CC, National Parking Systems and Smart City Solutions, would see the installation of solar-powered meters, making it effective for a green environment.
The meters are to be located in the central business district of the city along Avenue of the Republic, Camp, Carmichael, Main, Church, Regent, Robb, Water, Middle, Quamina, Longden, and America streets as well as North Road and Brickdam. It is unclear how many parking meters would be installed.
The installation of parking meters in sections of the city is being done to ease traffic congestion and generate greater revenue for the city. The parking meters, once installed, would be effective Monday through Saturday from 7am to 7pm, excluding holidays.
The company also stated that residents would be granted residential parking permits to allow them to park on the street between certain hours in the evening and throughout the night free of cost. Further, it stated that convenient options will be provided for long-term monthly parking within the commercial district.
The company has proposed rates of $125 for every parking rotation. It says the rate ensures maximum availability of parking spaces in the central business district. It was also stated that parking spaces on one street can generate between $30,000 and $60,000 daily.
Efforts to contact the company proved futile.
