“To set up a vertical parking system in which 20 cars can be parked only requires only 700 sq. ft. It is easy to operate, can be installed in seven days, dismantled and reinstalled anywhere, has more than 30 years of service life, and provides safety and security to vehicles”

A civil engineer by profession, Sukirti Sharma, CEO of We Build Construction Services and Park Easy, is into innovative construction business. She started her career as an employee looking after construction projects in a bank.

Mother of a nine-year-old and happily married, Sharma enjoys networking, travelling and cooking. “I want to remind women that you only need drive, will, determination, a positive attitude, research in your respective field and good networking skills to succeed in today’s business world”.

Sharma advices aspiring entrepreneurs to be creative and to think differently, saying, “It’s sad to see young people who have achieved the highest degrees of education from different renowned parts of the world thinking that having a job in a renowned company is the ultimate success. No, it isn’t! In many cases people have not even identified their expertise and excellence in different fields. Your creativity and capacity are worth so much more than a job.”

In an interview with B360’s Dibesh Dangol, Sukirti Sharma talks about Park Easy vertical parking system, its importance in Nepal, and the advantages of this model of parking system. Excerpts:

What are the areas We Build Construction Services is involved in? Is the company involved in private and commercial projects only or is it involved in government construction as well?

We Build Construction Services is a family-owned private construction company and is one of the leading firms in the Nepali construction industry. The categories of work the construction company has undertaken include private housing, apartments, commercial buildings, malls, roads, bridges, irrigational projects, factories, schools, hospitals, public buildings, civil engineering and infrastructure projects. The company handles refurbishment, renovation and interior work in addition to new projects.

With a vision to create new Nepal, we are now into innovative construction projects hence we have introduced Park Easy, a vertical parking system, for the first time in Nepal. We mainly focus on puzzle parking for indoor spaces and vertical rotary parting for outdoor spaces. Park Easy is the best space efficiency parking system to increase parking capacity in limited spaces and it can expand parking capacity up to six times. The parking system is a fully proven system and has been in operation in many countries for a long time. In this parking system, the parking space which is normally taken by two cars can accommodate up to 12-20 cars. The USA, Europe and Japan have started to initiate parking system development in their countries whereas countries like China, Thailand, Singapore, Poland, Russia, Iran and Saudi Arabia have been using Park Easy parking system.

Park Easy is a technology which sooner or later everyone will need whether it is hotels, malls, public parking areas or hospitals. It is feasible for both public and private sector spaces. The space required to install one unit of this vertical rotary parking system is around 700 square feet which is equivalent to two annas of land. The other exciting feature of the system is that it can be easily dismantled and reinstalled elsewhere and the installation happens instantly as well.

What phase are you in to introduce the Park Easy vertical parking system in Nepal and when can we expect the implementation? Are there any drawbacks and challenges to this project?

Introducing anything new in our country is an uphill battle and introducing a completely new product and creating a vision with it for the future is not an easy job. It has been tremendously difficult in the case of Park Easy. Since the past two years, it was a challenge for us to introduce this product to any sector of Nepal be it government or private. It was hard to sell this business model and difficult to convince the parties that their investment will be recouped in five years. The warranty of the parking system itself is of over 30 years and after recouping their investment within five years, the income from this system for the rest of the years is profit. It was difficult to make them understand this. It has also been very challenging for us to introduce the systems and procedures of Park Easy: how it works, the procedures to install it, the mechanical and technical aspects.

Having said the above, we have now been successful in introducing and educating many people in the country about Park Easy’s business model, technical and mechanical aspects of it. I think the hardship has started to bear fruit as many interested parties from different sectors are now approaching us to install this system.

How feasible are such parking systems in public and private areas in Nepal and where can we expect to see vertical parking services?

It is not about feasibility but about the availability of space to install this system. This is a technology and sooner or later everybody will need it. It is feasible for both public and private sector spaces. These days even a family has four to five cars, so don’t you think even a household will be requiring this in future?

We are expecting the installation of Park Easy vertical parking systems throughout the country, but most effectively around areas having a higher number of vehicles or busy areas with lots of cars and limited parking spaces. It’s a necessity now in our country because it has become a national level issue when it comes to vehicle parking and clearing out spaces.

How is the system monetised?

We have sufficient trained manpower for installation, operation and after sales services of the vertical parking system. When a vehicle enters the system on the ground floor, it is immediately assigned a particular height or slot for parking. The vehicle is then lifted to that spot by rotator motion. When you have to take out your car, it is just a matter of flipping a switch again. The machine rotates and brings the car to the ground level. Whenever a vehicle enters the system, the parking time will be recorded and the payment is made by the vehicle owner at the time of exit. The vehicle owner has to pay for the parking time while leaving the parking place. The cost of parking inside the vertical parking system will be comparatively cheaper to what we normally pay for street parking in Kathmandu.

What are the benefits of a vertical parking system over the traditional street or underground parking?

The prime benefit is space efficiency. To set up a vertical parking system in which 20 cars can be parked only requires only 700 sq. ft. Unknowingly, the street or horizontal parking system is ruining the beauty of the cities. This type of parking system is best for enhancing the beauty of the cities and expanding the parking capacity by up to six times. Also, the vertical parking system is easy to operate, can be installed in seven days, dismantled and reinstalled anywhere, has more than 30 years of service life, and provides safety and security to vehicles.
The government should be planning to execute this project because it will be an income-generating project for the whole country. The government and private sector can raise its revenue up to ten times with this system.

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Dibesh Dangol

Dibesh Dangol is a business reporter for Business 360 covering markets. Before joining Business 360 in 2018, he worked at ECS Media covering events, entertainment, auto and gadgets for four and a half years. Dangol is also involved with Alpha Riding Gears and Made by Aama (MBA).

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