Project on creation of Yerevan Transport Operation LLC, engaged in introduction of parking management system through paid automated parking spaces, was approved at the extraordinary sitting of the Yerevan Council of Deans July 19.

According to the City Hall press service, it is planned to install some 400 parking devices in Yerevan, each of them serving 24 parking spaces. Totally 9600 parking spaces will operate in the capital.

In its first year, the company will provide 36 working opportunities, raising this number to 84 in future.