WASHINGTON, June 23, 2021 âThe World Bank Board of Directors today approved a loan of $ 100 million to support the Sustainable urban transport project in Ulaanbaatar, which will develop a comprehensive framework for sustainable urban mobility for the capital of Mongolia, and reduce congestion, improve road safety and address climate resilience on selected transport corridors.
In Ulaanbaatar, home to nearly 50 percent of the country’s population, travel demand has increased due to rapid urbanization. The city’s current road network, 1,100 km long, is sparse and disconnected, while the traffic management and road safety facilities are insufficient, causing delays, traffic accidents and congestion. Poor public transport services and vulnerability to natural hazards such as floods affect the livelihoods of residents and disproportionately harm vulnerable and low-income populations. At the same time, the lack of evidence-based planning and management and weak institutional capacity have hampered the efficient allocation of limited financial resources.
The project will finance the road network infrastructure for selected transport corridors as well as better integrated public transport systems. This includes reconfiguration, rehabilitation and construction of roads on selected priority corridors, upgrading of bus management systems and improvement of bus stops, as well as installation of intelligent transport systems and systems. intelligent parking management systems throughout the city. The project will also support strategic studies and capacity building activities to help the municipality build effective institutions for transport planning and management.
âImproving traffic conditions in Ulaanbaatar has become a top priority for the Municipality and the Mongolian government, and the World Bank is pleased to support in this area with its expertise and financial resources. mentionned Andrei Mikhnev, World Bank Country Director for Mongolia. “The project is designed to benefit all road users, including vulnerable users such as pedestrians in Ulaanbaatar through reduced congestion, improved road safety and less disruption from natural hazards.
“Solving the urban transport problems of Ulaanbaatar requires a comprehensive and long-term approach to provide urban mobility to all users in a sustainable manner” mentionned Yang Chen, Senior Transport Specialist at the World Bank. “This project will lay the groundwork for Ulaanbaatar’s comprehensive sustainable urban transport program, which was conceptualized based on the results of analytical work and technical assistance carried out by the World Bank and the municipality over the past six years.
The Municipality of Ulaanbaatar will be responsible for the overall implementation of the project and the supervision of the project. This is the first project in Mongolia fully funded by the International Bank for Reconstruction and Development (IBRD) of the World Bank Group.
For more information, please visit: www.worldbank.org/Mongolia