Complex Made Simple

Saudi-German JV set to win Lahore parking facilities contract

Pakistan's Lahore Parking Co (LPC) has announced a joint venture between Saudi Arabia's Advanced Global Communication Networks (AGCN) and Germany-based Green Park has submitted the most attractive bid for a seven-year contract to automate and manage the parking facilities of the capital of the Punjab province, The Express Tribune has reported. The winning bidder would be given 66 parking sites to automate in six months, which would constitute the first phase of the project. In the next 12 months, the company is required to automate all the other parking sites in the city.