AfDB Approves $ 500 Million Loan For Two Metro Lines In Bangalore

The Asian Development Bank (ADB) has approved a loan of $ 500 million for the construction of two new metro lines in Bangalore.

Bengaluru has attracted people from other areas looking for work and its population is expected to reach over 16 million by 2030. The Bengaluru Rail Metro Project will establish two new metro corridors to expand a system efficient and safe transport.

The Bangalore Metro Rail Project will establish two new rail corridors.

“It will strengthen the economy, improve the urban environment and make the city more livable. The project supports Bengaluru’s urban transformation through a multidimensional approach, ”said Kaoru Kasahara, AfDB Senior Transport Specialist for South Asia.

“The new metro lines will facilitate daily commuters and ease traffic congestion across the city, thereby contributing to overall productivity,” he said in a statement.

“The project will provide efficient, punctual and safe transportation in the city and promote a clean urban environment.

The project will construct two new, mostly elevated metro lines with a total length of 56 km along the Outer Ring Road and National Road 44 between Central Silk Board and Kempegowda International Airport.

It will also establish 30 metro stations, which will include multimodal facilities such as bus docks, a taxi rank, motorcycle pools, and pedestrian bridges and bridges. The needs of vulnerable groups such as the elderly, women, children and people with disabilities will be incorporated into the design of the facilities.

An additional technical assistance grant of $ 2 million from the AfDB will help the state government to formulate urban development plans and their implementation frameworks, with an emphasis on transport-oriented development by common and multimodal integration.

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