Lagos is a growing megacity with over 16 million people today. A city of such proportions needs an efficient mass transport system that caters to transit needs. However, the existing roadway infrastructure, in which current mass transport options rely, is heavily overcrowded. Lagosians spend up to 6 hours of their work day commuting in heavy traffic. Plans have been elaborated by Lagos Metropolitan Area Transport Authority (LAMATA) to improve Lagos mass trasportation by developing Bus Rapid Transit (BRT), Light Rail Transit and Monorail transit lines. Although the BRT has been implemented, the sytem’s capacity is 200,000 people. And with recurrent delays in the implementation of the Light Rail/Monorail transit systems, commuter demand is left unmet.
Cable Propelled Transit (CPT) systems provide a swift, modern and sustainable answer to Lagos’ needs for mass transportation as it: i) avoids resettlement issues (which in a city of 20,000-25,000 people per square kilometer can be substantial); ii) can be adapted to the local context (e.g. water crossing without need to build bridges); iii) is environmentally friendly; iv) is easily expandable; and v) represents proven technology (9,715 Projects developed in 85 countries). Acting as MLA in this US$ 280 million transaction, the Bank expects to raise up to $140 million in additional financing from DFIs and commercial lenders. Operational within 18 months of financial close, the Project stands to impact the lives of up to 350,000 daily commuters through 10 km of Tricable Ropeway Technology, reducing commuting times from 2 to 3 hours to 15 minutes.
Source: GARETH from Skyscrapercity.com
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