IDB invests in Ecuador metro line
By Sarah Ann McCay09 December 2012
The Inter-American Development Bank (IDB) is to loan US$ 200 million for the construction of the First Line of the Quito Metro (PLMQ) in Ecuador.
The 23 km First Line will transport 360,000 passengers per day, an increase of +11% on current passenger figures, and is expected to shorten travel time across the city by 15 minutes.
The system will connect the ‘Y’ trolley line, the central BRT corridor and the Central Bank.
The PLMQ is scheduled for completion in 2016.