ADB Approves Loans Worth $500 Millions for Construction of New Metro lines in Bengaluru

BANGALORE (Metro Rail News): The Asian Development Bank (ADB) has approved a $500m loan for the construction of new metro rail lines in Bengaluru, India.
To boost the transportation system, Bengaluru Metro Rail Project will develop two new metro rail corridors.
ADB South Asia senior transport specialist Kaoru Kasahara said,  “This will enhance the economy, improve the urban environment, and make the city more livable. The project supports urban transformation of Bengaluru city through a multidimensional approach of urban public transport and urban development.
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“The new metro lines will ease daily travel of commuters and decongest traffic across the city, contributing to overall productivity. The project will provide efficient, punctual, and safe transportation in the city and promote a clean urban environment”, he added.
Under this project, a total of two new metro lines of 56km, with most of the line being elevated, will be laid down along Outer Ring Road and National Highway 44 between Central Silk Board and Kempegowda International Airport.
It will also feature 30 metro stations, which will include multimodal services such as taxi stand, bus bays, motorcycle pools, pedestrian bridges and footpaths.
While designing the facilities, the needs of vulnerable groups such as the elderly, women, children, and differently abled persons will also be incorporated.
ADB will help the state government in formulating urban development plans and their implementing frameworks, and help in focusing on transit-oriented development and multimodal integration by granting an additional $2m for technical assistance.