ADB Funds Walkway Construction
Asian Development Bank (ADB) is funding the construction of walkways along EDSA, Metro Manila’s busiest street.
In a statement, ADB said that its Board had approved the lending of $123 MIllion to the EDSA Greenways Project which included constructing a 5-kilometre covered walkway for each of the Metro Rail Transit Line (MRT-3) stations along Balintawak, Cubao, Guadalupe and Taft Avenue.
Each structure is also equipped with elevators and monitoring systems for the elderly and the pregnant.
According to the lender’s senior transport specialist for Southeast Asia Shuji Kimura, “This project will encourage more Filipinos to switch from private vehicles to public transport. The project, to be built with cutting-edge technology for cantilever overhead walkways, will provide safe, inclusive, and equitable access for commuters while lowering CO2 emissions.”
This project is part of the Metro Manila Transport Project to fix the problems of traffic in Metro Manila but because of the pandemic, was delayed. According to ADB, the project will not add extra problems to the commuters.
Besides the funding that ADB has lent, a cash loan of $15 million from the ASEAN Catalytic Green Finance Facility, also supports the project.
Contracts will soon be awarded in the first quarter of 2021.