Urban transport plays a crucial role in the World Bank Group’s investment and advisory activities. From an economic perspective, transport is vital for metropolitan regions, serving as a catalyst for economic growth in both high-income and low- to middle-income countries. Socially, urban transport provides essential access to employment, healthcare, education, and social services, contributing to poverty reduction, shared prosperity, and social inclusion.

Rapid transit systems, including urban rail transit, light rail transit, and bus rapid transit, are integral components of urban transport strategies. These systems need to be part of an integrated public transport network aligned with the city’s housing, land use, and economic development vision.

The World Bank Group has extensive experience supporting urban transport policies and financing projects worldwide, including rapid transit initiatives such as urban rail and bus rapid transit. With a mode-agnostic approach, the World Bank Group offers an impartial perspective on determining the most suitable modal solution for a city’s needs. If urban rail is deemed appropriate, the World Bank Group can assist in maximizing the long-term benefits of such projects.

Urban rail projects carry significant implications for future generations and require careful planning to ensure optimal social, environmental, and economic outcomes. While these projects have the potential to reduce poverty and promote shared prosperity, poorly planned or implemented initiatives could have adverse effects. The Urban Rail Development Handbook shares lessons learned from past and ongoing projects globally, offering practical recommendations to policymakers to enhance project implementation and maximize the value of urban rail investments.


Konten Terkait

Baca juga
Back to top button