News & Views

IBRD Loan: US$150 million

TERMS: Maturity = 25 Years; Grace Period =  6 Years

Program Description: The city of Xi'an, home to the world-renowned Terracotta Army and other cultural relics, faces a huge challenge of balancing preservation of its cultural heritage with the demands of a modern city. Through the new Xi’an Sustainable Urban Transport Project, bus prioritization, bicycle routs, traffic calming and speed-reducing strategies will be introduced in an effort to foster better road use and access to cultural sites.