A 235 million dollars loan was approved by The Asian Development Bank (ADB) on Friday to help develop the bus rapid transit (BRT) system in Karachi
ISLAMABAD (Pakistan Point News / Online - 05th July, 2019) A 235 million dollars loan was approved by The Asian Development Bank (ADB) on Friday to help develop the bus rapid transit (BRT) system in Karachi.A press release said "Karachi Bus Rapid Transit Red Line Project will deliver the 26.6-kilometer (km) Bus Rapid Transit Line Red Line corridor and associated facilities benefiting as many as 1.5 million people, about 10 per cent of Karachi's population, who live within a kilometre of a Red Line BRT station.
"More than 300,000 passengers per day are expected on the Red Line BRT routes with ADB will partially administer two $100 million loans from the Asian Infrastructure Investment Bank and the Agence Fran�aise de D�veloppement to jointly finance the project's civil works and equipment costs, the statement said."There is a need for a more sustainable, reliable, safe, and gender and environment-friendly transportation system in a city as dense and rapidly growing as Karachi.
A sustainable transportation system will not only solve the city's mobility issue but also its growing pollution problem," ADB Principal Urban Development Specialist (Transport) for Central and West Asia David Margonsztern said. "The BRT system, with its innovative features, will address all these issues, improving the overall quality of lives of people in the city."The bank said, the project will restructure the entire width of the Red Line BRT corridor, including the construction of 29 stations and dedicated lanes along the 26.
6 km stretch; improvement of the mixed-traffic roadway with up to six lanes in each direction; inclusion of on-street parking and landscaped green areas in various locations; improvement of the drainage system to climate-proof the corridor; and installation of nonmotorized transport infrastructure such as bicycle lanes, improved sidewalks, and energy-efficient street lights.Furthermore, the project will also establish sustainable BRT operations in Karachi by improving the capacity of relevant transport authorities; designing the BRT business model and subsidy-free operations; implementing a bus industry transition program, including a fleet scrapping program and compensation mechanism; developing an effective public communications campaign; and delivering the BRT fleet, feeder e-vehicles, intelligent transport system, and a biogas plant.
