Skip to main content

Gui’an gets $199m traffic management loan

The Asian Development Bank (ADB) has approved a $199 million loan to help develop traffic management systems in the Chinese city of Gui’an. Susan Lim, ADB senior transport specialist for East Asia, says: “This project will serve as an example of how the People’s Republic of China and other countries can address the downsides of rapid urbanisation, such as high CO2 emissions, which have impacts well beyond national boundaries, and traffic jams and road safety.” The city, in Guizhou Province, will use the m
August 30, 2019 Read time: 2 mins

The 2128 Asian Development Bank (ADB) has approved a $199 million loan to help develop traffic management systems in the Chinese city of Gui’an.

Susan Lim, ADB senior transport specialist for East Asia, says: “This project will serve as an example of how the People’s Republic of China and other countries can address the downsides of rapid urbanisation, such as high CO2 emissions, which have impacts well beyond national boundaries, and traffic jams and road safety.”

The city, in Guizhou Province, will use the money for real-time traffic and road weather monitoring, a multimodal transportation systems management and operations centre and an integrated traffic operations and safety and emergency management system.

Additionally, the project will finance clean buses and electric vehicle charging stations as well as support activities for the local government to make services inclusive and safe.

The project is expected to be completed by the end of 2025.

For more information on companies in this article

Related Content

  • Advanced traffic management amid urbanisation
    July 30, 2020
    There is no room for error on the crowded roads in many cities: Andrew Watson of Huawei explains why AI is a perfect tool to help urban authorities and transportation agencies look after people in busy traffic
  • Global traffic management system market ‘to rise at 33.8% CAGR to 2020’
    January 18, 2016
    The traffic management system market is forecast to grow from USD 4.12 billion in 2015 to USD 17.64 billion by 2020, at a compound annual growth rate (CAGR) of 33.8 per cent during the forecast period (2015 - 2020), according to the latest research report by Markets and Markets. Increasing environmental concerns, rapid urbanisation and population explosion, and demand for real-time information are the main drivers driving the growth of the traffic management system market. In 2015, parking space and toll
  • CAMI to bring urban air mobility to communities
    November 18, 2019
    A non-profit industry association whose founding members include SAE International and Joby Aviation has formed to help integrate urban air mobility options into transport. The Community Air Mobility Initiative (CAMI) is aiming to connect communities and industry by providing resources and education to the public and decision makers at state and local level. CAMI's co-executive director Anna Dietrich says new technologies and aircraft promise to make flight accessible on a daily basis for more people.
  • Global ADAS market is expected to reach US$60.14 billion by 2020
    May 13, 2015
    A new report from Allied Market Research, Global Advanced Driver Assistance Systems Market Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 – 2020 claims the global advanced driver assistance systems (ADAS) market will reach US$60.14 billion by 2020, registering a CAGR of 22.8 per cent during 2014-2020. According to the report, the deployment of sensors in vehicles has brought a massive transformation in the automotive industry by providing improved passenger experience and safet