CAF Funds Consulting Studies for Metrobus in Mexico City
As part of its actions to improve the quality of urban transport in the main cities of Latin America, CAF—development bank of Latin America— granted non-reimbursable technical cooperation funds to Mexico City to develop the operation model for the expansion of the South section of Metrobus Line 5, which will run from San Lázaro to Xochimilco.
The study will include an analysis and assessment of the regulations, costs and projected flows for Line 5. Based on these data, the feasibility and best applicable operating scheme will be determined.
The specific objectives of this study include:
- To assess the existing legal framework and recommend the appropriate framework for action.
- To carry out a financial analysis with an optimal depiction of the cost structure.
- To establish the conceptual, legal and incentive bases to optimize performance.
- To establish benchmarks and lessons learned based on the experience of other countries.
“With this study, we are cooperating to promote a positive change in Mexico City’s mobility, whose flow of daily users is growing at breakneck speed. At CAF, we believe it is vital to provide comprehensive solutions to improve cities in sectors such as infrastructure and transportation,” said Emilio Uquillas, CAF representative in Mexico.
In addition, Roberto Capuano Tripp, Metrobus Director General, noted: “Our priority is to ensure the technical and financial sustainability of the system. That is why we came to CAF, to which we are very grateful. We always take our decisions and actions with a view to benefiting our users.
Metrobus is a Bus Rapid Transit (BRT) system based on high-capacity buses and state-of-the-art technology that provides faster and safer urban mobility through the integration of preferential infrastructure, fast and frequent service, and an automated payment system. That is why it has become one of the systems most used by the residents of Mexico City, which is reflected in the significant growth of the system in recent years. Official figures show that, from 2013 to 2018, the volume of users of this network grew by 200 million thanks to its 140 kilometers of routes divided into seven lines.
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