Betting on Bankability: Picking up the pace of Manila’s Light Rail Transit system

When the Manila Light Rail Transit (LRT) extension project reached financial close in March 2016 it was a landmark event for the Philippines and for Southeast Asia. It is an achievement for an enormous project worth some US$1.1 billion to go ahead in a region with not much of a track record of large-scale transport Public-Private Partnerships (PPPs). The project’s winning formula is a combination of at-times difficult ingredients: government responsiveness, a balanced risk profile, and project bankability. Continue reading

Improvements in Transportation and Road Safety to Benefit Nearly 400,000 Paraguayans

WASHINGTON, July 26, 2016 – The World Bank (WB) Board of Executive Directors approved a US$100 million loan yesterday that will contribute to reducing transportation costs and improving road safety, as well as the planning and management capacity of Paraguay’s road network. The project will benefit approximately 400,000 Paraguayans that use Routes 1 and 3, which link important development hubs in the country.

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eConsultant2: Urban Transport Master Plan in Chittagong, Bangladesh

Deadline: 09-Feb-2016 at 11:59:59 PM (Eastern Time – Washington D.C.)

The main objectives of this project are to (a) inform the authorities in Chittagong of BRTC_double_decker_bus_03652measures to improve its urban transport system through the development of a master plan, and (b) prepare pre-feasibility studies for bus improvement projects as priority investment. These objectives will be achieved by conducting a thorough review of existing transport policies and projects, carrying out travel demand and traffic studies, developing a strategic-level urban transport master plan, developing a pre-feasibility study for short-term and long-term priority interventions, and developing an institutional restructuring proposal for an efficient and quality public bus service in Chittagong, and for transport management in general.

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Event : Transforming Transportation 2015

Transforming Transportation (#TTDC15) is the annual conference co-organized by EMBARQ, the sustainable urban transport program of the World Resources Institute (WRI), and the World Bank. The event convenes leading transport and urban development experts from national and local government, finance institutions, foundations, civil society, and business to discuss the latest global trends, experiences, and best practices in sustainable transport.customLogo

This year’s conference will focus on Smart Cities for Shared Prosperity, and will examine how smart, connected urban mobility can improve quality of life in cities. Through panels, presentations, and networking opportunities, discussions at Transforming Transportation 2015 will address how the upcoming United Nations Sustainable Development Goals (SDGs) impact urban transport, with an emphasis on data and technology, governance, and international financial flows.

Transforming Transportation 2015 will take place January 15 – 16, 2015 at the World Bank headquarters in Washington, DC.

For more information please click here