$123m ADB loan to help build elevated walkways in Manila
The Asian Development Bank has approved a $123 million loan to help the Philippines build safe, wide, well-lit, and disaster-resilient elevated walkways for pedestrians along Manila’s most congested thoroughfare, the Epifanio de los Santos Avenue.
The EDSA Greenways Project will help the government construct 5km of covered walkways, which will be linked to mass transit stations along Epifanio de los Santos Avenue, namely the Balintawak, Cubao, Guadalupe, and Taft stations. The 5-meter-wide structures, equipped with elevators and monitoring systems, will be easily accessible for pedestrian.
The civil works contracts for the project are expected to be awarded during the first half of 2021. An international consulting firm has been hired to work on the project’s feasibility study with the Department of Transportation, with funding from ADB’s Infrastructure Preparation and Innovation Facility.
The project will also be supported by a $15 million loan from the Association of Southeast Asian Nations Catalytic Green Finance Facility, which will be administered by ADB.
