THE city is expected to add 1.5 million new parking spaces by 2020 and make existing spaces more effective to meet the booming demand.

Parking fees in some areas are also expected to rise, as the cap on the government guided prices will be relaxed, according to a plan released by the city’s transportation commission.

About 1.4 million of the planned parking spaces will be added as part of construction development projects; 50,000 public parking spaces will be set up with infrastructure projects such as transportation hubs; and 50,000 will be added with reconstruction projects at residential complexes, hospitals, schools, malls and offices.