Urban Transport Development Investment Program

Closed

The multitranche financing facility (MFF) is proposed as the financing modality to complete the investment program. Ulaanbaatar's urban infrastructure is growing very fast and urban transport requires a range of investment in public transport network improvement, management and planning, traffic management and safety, and institutional development. It will take the government some years to improve urban transport and develop a sustainable and efficient urban transport system. An MFF provides a suitable mechanism for ADB to provide the extended engagement and support that is needed to help improve urban transport and strengthen Ulaanbaatar's urban transport capacity. The investment program comprises three tranches and aims to (i) develop the bus rapid transit (BRT) infrastructure and system; (ii) apply traffic management measures to increase traffic flow efficiency and safety; (iii) develop and implement parking, traffic, and travel demand management policies; (iv) develop an efficient and sustainable public transport system; and (v) improve the public transport management and quality of services. The investment program will be implemented over a period of 10 years starting in 2012.