With the registration of 100 vehicles a day on average, the existing parking space has become compromised in the central business district (CBD).
The acute shortage of parking space has been a thorny issue to not only motorists, but the local authority too.
The city local authority has engaged a private company Parkrite Zambia to help manage the parking space.
Though there has been speculation that the private company was offered the contract because it has links to a political party, Parkrite Zambia chief executive officer Withus Masunda said is not politically-inclined as perceived by some sections of the public.
Mr Masunda said the company underwent all the normal procedures like other competitors and was picked as the successful bidder.
“We had competitors and we applied through a public tender and we won the tender, it is a 60 percent Zambian-own company.
Our company has been registered in Zambia since 2011, we are looking to extrapolate our services in Zambia. We had no contract yet with any entity until October 2016 when we signed a contract with the LCC,” Mr Masunda said.
Mr Masunda said it is his organisation’s ambition to expand to other cities like Ndola, Kitwe and Livingstone.
Recently, the council announced the appointment of Parkrite Zambia Limited as a company which would manage the parking in the CBD with effect from October last year.
The decision to award the contract to Parkrite Zambia was reached at by a full council meeting.
In the memorandum of agreement (MoU), it was agreed that Parkrite Zambia would manage the parking system on behalf of LCC for an initial period of three months after which it would be reviewed.
There is a possibility of extension of 10 years after which all the parking management system, including infrastructure, would be handed over to LCC.
The parties further agreed that the Parkrite Zambia Limited shall manage, collect and enforce all parking fees and remit 40 percent of the parking proceeds to LCC after submission of all information to the Finance Department.