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(BOOT) Schemes

Build, Own, Operate and Transfer (BOOT) schemes have become commonplace in the last 15 years. Metro Parking operates nine hospital car parks for the International Parking Group (IPG). IPG funds and builds the car park and owns the licence but contracts Metro Parking to manage the site on their behalf.

BOOT schemes allow private investment to improve the car parking facilities at public hospitals without the hospitals having to raise the necessary capital. This allows the hospitals to allocate their resources to healthcare.

Two of the IPG sites have been extended to accommodate more vehicles. These extensions really underline the success of Metro - IPG approach.

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