Asian Development Bank (ADB) and the Government of India have signed a $500 million loan to expand the metro rail network in Bengaluru with the construction of two new metro lines totalling 56 km in length. The project will construct two new metro lines, mostly elevated, along Outer Ring Road and National Highway 44 between Central Silk Board and Kempegowda International Airport with 30 stations.
The new metro lines will further strengthen safe, affordable and green mobility in Bengaluru, having a positive impact on enhancing the quality of life, sustainable growth in urban habitat and livelihood opportunities.
Important takeaways for all competitive exams:
- President of ADB: Masatsugu Asakawa; Headquarters: Manila, Philippines.