The Legislature has approved a loan to finance the implementation of the "San Salvador Metropolitan Area Transport Program."
These financial resources have been provided with the aim of improving public transportation and transit for passengers in the metropolitan area of San Salvador, with at its core, the implementation of a mass transit system of articulated buses in designated preferential lanes.
The funds are destined for improving the public transportation system in the Salvadoran capital.
The loan, which has a grace period of 4 years, will be paid off over 25 years.
A document from Inter-American Development Bank (IDB) reads:
“The project will improve the quality of life of the inhabitants of AMSS, by reducing travel time, extending the range and coverage of public transport and providing greater convenience to users as well as contributing to improved air quality. People with low financial resources are the main users of public transport and often have to make longer trips and travel combinations. An integrated system will result in a decrease in transport cost. An ordered transit system, reduced congestion, the use of modern technology buses with low emissions and better use of urban spaces will result in a reduction of CO2 emissions, air pollution and noise levels.”
On April 4th, a tender process will begin for the construction of a terminal for the Integrated Transport System for the Metropolitan Area of San Salvador (SITRAMSS).
The terminal will be located in the municipality of Soyapango, will cost $4 million and according to the plans, construction should begin 45 days after the award of the tender, said Vice Minister of Transport, Nelson Garcia.
Receive more news about Transportation
Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.
Training workshop with networking "To make the right decision you need the right information” is a workshop meant for english-speaking entrepeneurs seeking to establish startups in Costa Rica. “To make the right decision you need the right...