The Asian Development Bank (ADB) has approved $500 million loan to construct new Metro rail lines in Bengaluru, Karnataka. 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 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. An additional $2 million technical assistance grant from ADB will help the state government formulate urban development plans and their implementing frameworks.