The Chinese municipality of Lanzhou will be

from the Asian Development Bank. The money will support the development of a sustainable urban transport system in the city. This project aims to reduce transport cost and time as well as cut the city's greenhouse gas emissions. The local municipal office will execute the project, which is expected to be completed by December 2014.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.