IT Park Raises Parking Fees to Ease Congestion in Streets

The IT Park Association in Barangay Lahug, Cebu City, home of most of the city’s business process outsourcing (BPO) and information technology (IT) companies, has increased parking fees in the area from P20 to P50 for the first five hours and P10 for the succeeding hour.

In a memorandum, the IT Park Association said it approved the increase after the meeting by the association with building administrators.

This was the first increase since the rate was imposed five years ago.

A statement issued by the IT Park management said this is aimed at encouraging employees and customers to use the available free parking space within their buildings and to help improve the flow of traffic within the 50-hectare IT Park.

This will also promote parking in designated areas.

The management said they will soon be launching a point-to-point bus service operated by Ceres to provide a comfortable and efficient transportation alternative to the use of private vehicles.

The podium parking fee is only PHP25, plus PHP10 per succeeding hour.

But under the new rate, a motorist who will park will pay PHP50 plus P10 per succeeding hour. (PNA) LAP/EB/EDS