Asian Development Bank sanctions USD 500 million loan to expand Metro rail network in BengaluruThe Asian Development Bank (ADB) has approved USD 500 million loan to construct new Metro rail lines in Bengaluru, Karnataka.

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

The project will enhance economy, improve urban environment, and make the city more livable.

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 clean urban environment.

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

It will also establish 30 Metro stations which will include multimodal facilities, such as bus bays, taxi stand, motorcycle pools, 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.

An additional USD two million technical assistance grant from ADB will help the state government formulate urban development plans and their implementing frameworks, focusing on transit-oriented development and multimodal integration.

This will also strengthen capacity of the Bangalore Metro Rail Corporation and other state agencies to implement transit-oriented development and multimodal integration.

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