ADB approves $123 million loan for EDSA Greenways

The Asian Development Bank has approved a six-billion-peso loan for the EDSA Greenways Project of elevated walkways for pedestrians along Metro Manila’s busiest thoroughfare.

Five kilometers of covered walkways measuring five meters wide will be linked to mass transit stations along EDSA, in Cubao, Guadalupe, and Taft where foot traffic is heaviest.

ADB’s Southeast Asia transport and communications director Hiroaki Yamaguchi said, “The EDSA Greenways Project is an integral part of the government’s transport strategy to make Metro Manila a better place to live, work and visit.”

The 8.5-billion-peso EDSA Greenways Project is a priority under the government’s infrastructure development program.

Metro Manila is the most congested city in Asia in terms of population, land area and length of road networks. Annual average daily traffic on EDSA reached over 405,000 vehicles in 2019, up by about six percent from 383,000 in 2018.

Source: https://www.philstar.com/business/2020/12/15/2063778/adb-approves-123-million-loan-edsa-greenways

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