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  • Home
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    PHOTO CREDIT :Keukenhof

    Keukenhof Gardeners Plant the First Flower Bulbs

    Dr. Sara George Muthoot Receives Lifetime Achievement Award

    10 Transformative Innovations for Climate Action and Planetary Health

    IATA Launches Global Campaign to Help Travelers Fly Safely with Lithium Batteries

    Supercomputing India 2025 Sets the Stage for HPC, AI, and Quantum Innovation

    Global health security hangs in the balance in a volatile and uncertain world, report emphasizes

  • National
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    Keukenhof Gardeners Plant the First Flower Bulbs

    “It’s our way of adding an extra spark to the festive season, making it more joyful and memorable for everyone.”-Ms. Kamakshi Mantri- CSO, Mantri Square Mall

    TTD Approves New Tirupati Temple in Mangaluru: TTD Member S Naresh Kumar

    Malabar Gold & Diamonds Opens its Showroom at Vaishali Enclave, Pitampura, Inaugurated By Bollywood Star Anil Kapoor

    Coffee Island Debuts in Mumbai with Its First Café at the Iconic Eros Building, Churchgate

    Eugenix Hair Sciences Unveils Its Global Facility for Hair Restoration in Gurgaon

  • Business

    UBS appoints Chief AI Officer to drive its AI strategy

    “I am excited to bring Wipro Intelligence™ to our clients, helping them scale confidently and shape the future in an AI-first world.”-Srini Pallia, CEO & MD.

    Infosys: Quarterly revenue crosses $5 bn mark

  • Health

    Happiest Health launches Happiest Ayurveda clinic in Jayanagar, Bengaluru.

    Herbalife India Launches Liftoff® – A Zero Added Sugar Effervescent Drink

    Chief Minister Siddaramaiah inaugurated a super specialty hospital in Belgaum.

    Heart Transplant Gives 63-Year-Old Man from Madanapalle a New Lease of Life

    KARNATAKA HEALTH MINISTER DINESH GUNDU RAO LAUNCHES DOCBRELLA.

    Mauritius to Host 2nd International Musculoskeletal Summit (IMS 2.0) 2025

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    • Science

    NTT DATA Enhances Salesforce Capabilities with Strategic Acquisition of EXAH

    India’s Best Minds Must Power Defence Innovation for Vision 2047,” says CMD, BEL at CII AeroDef Tech Summit 2025

    150 students complete Sona Group’s Xccelerator 2.0 Programme powered by Unreal Engine, Dassault

    OPPO India launches F31 5G Series: The Best Smartphone for Durability with Smooth and powerful performance

    L&T Technology Services, SiMa.ai Collaborate for Product Innovation in Mobility, Healthcare, Industrial Automation & Robotics

    Apple Koregaon Park opens to customers this Thursday, September 4, in Pune

  • Auto

    Ola Launches Ola शfRत; enters India’s 1 Lakh Cr Battery Energy Storage Systems (BESS) market

    Volvo Cars celebrates four million cars produced on SPA architecture

    PPS Motors launches MG Windsor Inspire Edition.

    JSW MG Motor India Launches the Windsor Inspire Edition

  • Sports

    TOYOTA GAZOO Racing title fighters enter asphalt adventure

    Greenwood High Hosts CISCE National Chess Championship 2025

    ‘India has good, leading swimmers, they just need more of them,’ says legendary swimming coach Michael Bohl

    Bulls tamed in tie-breaker thriller! Puneri Paltan’s all-round performance takes them to top of points table

  • Entertainment

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

    ‘Waves’ an OTT platform that offers clean family-friendly content: Sunil Bhatiya, Deputy Director General, Doordarshan Kendra, Panaji

  • Lifestyle
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    Malabar Gold & Diamonds Opens its Showroom at Vaishali Enclave, Pitampura, Inaugurated By Bollywood Star Anil Kapoor

    Coffee Island Debuts in Mumbai with Its First Café at the Iconic Eros Building, Churchgate

    Eugenix Hair Sciences Unveils Its Global Facility for Hair Restoration in Gurgaon

    Jockey Marks Retail Milestone with Launch of 1500th Exclusive Brand store in India

    IATA Launches Global Campaign to Help Travelers Fly Safely with Lithium Batteries

    Knot.dating Becomes Operationally Profitable Faster Than Expected

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ADB-Supported Bus Rapid Transit System to Improve Transport in Karachi

by FWM
July 7, 2019
in Business
0

The Karachi Bus Rapid Transit Red Line Project will enhance access to quality public transport for people in Karachi, Pakistan’s largest and most populated city.

ISLAMABAD, PAKISTAN (5 July 2019) — The Asian Development Bank (ADB) has approved a $235 million loan to help develop a bus rapid transit (BRT) system with innovative energy and climate resilience features that will enhance access to quality public transport for people in Karachi, Pakistan’s largest and most populated city.

The 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% 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. ADB will partially administer two $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.

“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,” said ADB Principal Urban Development Specialist (Transport) for Central and West Asia Mr. David Margonsztern. “The BRT system, with its innovative features, will address all these issues, improving the overall quality of lives of people in the city.”

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.

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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 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.

ADB will also administer a $37.2 million loan and an $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.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. In 2018, it made commitments of new loans and grants amounting to $21.6 billion. Established in 1966, it is owned by 68 members—49 from the region.

Tags: Green Climate Fund (GCF).

FWM

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