KATHMANDU: A self-operating car parking is to be constructed at New Road in the capital in a way to accommodate 400 vehicles at a time.

Spokesperson of Kathmandu Metropolitan City, Gyanendra Karki, said the construction of car parking has been advanced considering traffic congestion with the crowd of vehicles in and around New Road, the main commercial hub of Kathmandu.

Currently, three teams are undertaking a study on the construction of parking at New Road, he informed. The construction process will proceed based on the study reports prepared by the groups.

The car parking would be constructed on the land of KMC near Pipalbot in New Road on the public private partnership model, it was informed.

The estimated cost for the construction of five-storied parking would be Rs 1 billion, the KMC informed.