ADB loan for Bangalore metro project

Bangalore metro rail projectThe Asian Development Bank (ADB) has approved a USD 500 million loan for the Bangalore metro rail project.

“The project supports urban transformation of Bengaluru city through a multidimensional approach of urban public transport and urban development. The new metro lines will ease daily travel of commuters and decongest traffic across the city, contributing to overall productivity,” ADB Senior Transport Specialist for South Asia Kaoru Kasahara said.

This includes the construction of the Purple Line and Green Line that will offer metro transport connections from east to west and from north to south parts of the city.

The project covers the construction of two new metro lines with a total length of 56 km along the Outer Ring Road and National Highway 44 between Central Silk Board and Kempegowda International Airport.

Recently, Bangalore Metro Rail Corporation awarded Siemens Mobility a contract to install the GoA 4 signalling and train operation system, which is the highest grade of automation.

The metro lines will be served by 30 metro stations which will include multimodal facilities, such as bus bays, taxi stand, motorcycle pools, and pedestrian walkways and bridges. The needs of vulnerable groups, such as the elderly, women, children, and differently abled persons, will be integrated in the design of the facilities.

The Bangalore metro construction will offer citizens efficient, rapid and safe transport services, promoting sustainable mobility within the city an its metropolitan area.

An additional USD 2 million technical assistance grant from ADB will help the state government to elaborate urban development plans and their implementing frameworks, focusing on transit-oriented development and multimodal integration. This will also strengthen the capacity of the Bangalore Metro Rail Corporation Limited and other state agencies to implement transit-oriented development and multimodal integration.

Bangalore city has attracted people from other areas seeking employment and its population is estimated to reach over 16 million by 2030. The Bangalore metro rail project will establish two new metro rail corridors to augment an efficient and safe transportation system.

 


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