{"data":{"news":{"items":[{"title":"World Bank, Switzerland support HCMC’s new bus rapid transit corridor","date":"2020-01-17 08:31:23","id":1953,"author":"","blurb":"","blurb_image_uid":"https://dxfpracgmlczp.cloudfront.net/2020/01/1579263741876_postDSC09112.jpg","blurb_expanded_image_uid":null,"article":"\n\t\n\n\n

The World Bank and the Vietnamese Ministry of Finance have signed a financing agreement for a grant totalling US$10.5 million to promote integrated urban development and transport connectivity along a new bus rapid transit corridor in Ho Chi Minh City.

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The grant, provided by the Government of Switzerland through Swiss State Secretariat for Economic Affairs (SECO) and administered by the World Bank, comes as additional financing for the Bank’s ongoing Ho Chi Minh City Green Transport Development Project that is developing a new bus rapid transit corridor. This line, with 28 stations stretching along 23 km, aims to provide reliable mobility service between the city centre and its southeast and northwest peripheries.

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“The scale-up activities made possible by the additional grant will enhance the development impacts of the new bus system,” said Ousmane Dione, the World Bank’s country director for Vietnam. “By promoting integration between transport and urban development and among various transport modes, the new bus system would improve accessibility and mobility for commuters which in turn would draw in more and more riders.”

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“The project will demonstrate considerable economic, environmental and social benefits, and guide urban development towards more sustainable patterns in HCMC,” said Ivo Sieber, ambassador - designate of Switzerland to Vietnam. “The project thus can serve as a blueprint for replication in other cities in Vietnam with similar challenges.”

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The grant will help enable integrated and transit-oriented urban development around the new bus corridor. This will include creating a regulatory framework for transit-oriented urban development and boost private sector investment for such development. The new corridor can trigger urban renewal and create public spaces around the transit system, where it is scarce.

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The grant will also help integrate the bus system with other transport modes, thanks to measures to maximise connectivity and ridership while also providing last-mile connections such as feeder bus services to carry people to and from the nearest bus station along the new line. The grant will also finance capacity building for transport officials and urban planners.

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The ongoing project aims to improve the performance and efficiency of public transport along a high priority corridor in Ho Chi Minh City. The key economic benefits include reduction in travel times and vehicle operating costs and improvement of traffic safety. These benefits are estimated to total more than US$120 million over the life of the project. The activities funded under the grant are expected to bring additional benefits in terms of improved livability and sustainability.

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This first bus rapid transit line developed in Ho Chi Minh City is financed by an US$124-million credit from the International Development Association of the World Bank, and a US$13.45 million-contribution from the Government of Vietnam.

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Image: World Bank

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The Asian Development Bank (ADB) has approved a US$235 million loan to help develop a bus rapid transit (BRT) system with innovative energy and climate resilience features in Karachi, Pakistan.

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The new project will build a 26.6-km BRT Red Line corridor and associated facilities benefiting as many as 1.5 million people, about 10% of Karachi’s population, who live within a kilometer of a Red Line BRT station. More than 300,000 passengers per day are expected on the Red Line BRT routes.

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ADB will partially administer two US$100 million loans from the Asian Infrastructure Investment Bank and the Agence Française de Développement to jointly finance the project’s civil works and equipment costs.

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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 non-motorised transport infrastructure such as bicycle lanes, improved sidewalks, and energy-efficient street lights.

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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 programme, including a fleet scrapping programme and compensation mechanism; developing an effective public communications campaign; and delivering the BRT fleet, feeder e-vehicles, intelligent transport system, and a biogas plant.

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ADB will also administer a US$37.2 million loan and an US$11.8 million grant from the Green Climate Fund (GCF). The GCF grant will finance climate change adaptation measures, including innovative drainage features such as bioswales (landscape elements designed to concentrate or remove debris and pollution out of surface runoff water); post-project emissions’ monitoring activities; and feeder e-vehicles. The GCF loan, meanwhile, will finance the biogas plant and the incremental cost of the transition from basic diesel bus technology to compressed natural gas hybrid bus technology, with the biomethane extracted from cattle waste.

\n\n\n","article_image_uid":"https://dxfpracgmlczp.cloudfront.net/2019/07/1562559935750_45756-karachi-brt-final.jpg","article_expanded_image_uid":null,"article_image_caption":"The project will build a 26.6-km BRT Red Line corridor and associated facilities. (Image: ADB)","publications":"7","tags":"Pakistan,public transport,bus","category":"Projects"}],"pageInfo":{"hasNextPage":false,"hasPreviousPage":true,"totalCount":12,"totalPages":1,"currentIndex":10}}}}

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