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Central Government/Public SectorProject Information Chennai Metro Rail Investment Project. $ 250.35 Cr $ 2.50 Bn
22-Dec-2022
PID : 59114 Tamil Nadu-India

Project detail:

The Chennai Metro Rail Investment Project will contribute to the expansion of the existing metro rail network in Chennai, the capital city of Tamil Nadu on the south-east coast of India. It will contribute to the development of three new metro lines, 3, 4, and 5, that will connect the central area of Chennai to major destinations in the south and west of the city. The investment project and the attached technical assistance project will improve the overall livability, inclusiveness, and competitiveness of the Chennai Metropolitan Area (CMA) by providing affordable alternative transport, enhancing non-farebox revenue generation, and enabling transit-oriented development, and firstand last-mile connectivity.

The CMA's rapid population increase and strong economic growth have brought about tremendous pressure to improve basic urban infrastructure and facilities, and to meet the increasing demand for urban mobility. The high level of urbanization in the CMA has contributed to the expansion of the urban areas towards suburban regions. Noticeable land use changes from agricultural to industrial and residential areas have been observed along major corridors. This urban expansion has consequently increased the average travel distance to major destinations in the central area, prompting the need for a fast, affordable, and convenient way of travel, particularly for business and commuting trips which account for more than 80% of total trips in the CMA.

Note: please download project document attached to this project for more information.

 

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