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ADB loaned US$1-B to Davao City's electric bus program
By J.Lo
"Project is set to transform quality of Davao City's public transport and support city's rapid economic growth with low-carbon and climate-resilient bus system," Asian Development Bank (ADB). senior transport specialist Shuji Kimura said ADB approved US$1-billion loan to help Davao City deploy electric bus fleets in bid to support Philippines' efforts to planet-warming reduce greenhouse gases.
Loan will help Davao City procure modern fleet of about 1,100 buses with operations managed by private sector under performance-based contracts. New fleet is expected to reduce 60% of greenhouse gas emissions from public transport in country's third most populous city.
Davao Public Transport Modernization Project will service around 800,000 passengers per day.
"Not only will this support Philippines' climate goals, but it will help improve lives of vulnerable populations especially women and young who use public transport daily," he stressed.
Loan will also fund construction of around 1,000 bus stops with bright lighting and shelters, five bus depots, three bus terminals, and bus driving training for new system.
Project will upgrade city's public transport experience via intelligent transport system includes bus location system, automatic fare collection systems, and Wi-Fi connectivity in buses, terminals, depots.
Technical assistance of $1 million will also be delivered to support Department of Transportation and Davao City local government in developing staff capacities to oversee bus operations and overall project implementation.
Davao Public Transport Modernization Project is multilateral lending institution's largest road-based transport project in the Philippines. It is expected to serve as pilot for overhauling country's public road transport system.
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