ADB to Give $49 Million for a 3rd-Gen BRT Project in Karachi

ADB to Give $49 Million for a 3rd-Gen BRT Project in Karachi


Peshawar BRT Project



The Asian Development Bank (ADB) has secured a funding worth of $37 million in loan and $12 million in grant from the Green Climate Fund (GCF) for its projects in Pakistan.

Notably, the ADB has already approved $442 million worth of loans for Pakistan, which are further supplemented by the financing by the Songdo-based global fund.
In lieu of the recent funding, the Asian Infrastructure Bank (AIB) and Agence Française de Développement will set up a 30-kilometer fully segregated modern ‘third generation’ bus rapid transit system.
This system will comprise bicycle lanes, last-mile connectivity with e-pedicabs, a bike sharing system, and better-quality pedestrian facilities. The project will directly improve the lives of 1.5 million dwellers of Karachi.
This project also involves the establishment of a plant for the generation of biogas from cattle waste, which will be of use for the zero greenhouse gas emission biomethane-hybrid buses.


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