📋 Tender Overview
The Asian Development Bank (ADB) supports Thailand in promoting green and sustainable transport to help alleviate traffic congestion and reduce carbon emissions originating from the transport sector in Bangkok and other metropolitan areas.
ADB follows an integrated approach in developing innovative finance for private sector electric mobility (e-mobility) projects and public mass transit systems in the country.
Since 2018, ADB has mobilized private capital amounting to more than $450 million for private sector financing in developing e-mobility for various modes of public transportation including rail and road.
For the rail sector, ADB played a pivotal role in catalyzing commercial funding for the Bangkok Mass Rapid Transit Pink and Yellow Lines. For the road sector, ADB provided financial support to purchase up to 1,500 e-tuktuks and associated charging stations for micro-transit services and up to 1,200 e-buses to be used for public transportation services in Bangkok.
Technical and innovative finance solutions for green transport are critical to scaling up private capital needed to help Thailand achieve its net-zero commitments by 2065.
