The announcement follows news earlier in April, 2015 from TMF regarding the launch of its first pilot program in Bangkok, Thailand. Both programs reflect the Foundation's philosophy of combining Toyota's knowledge with the expertise of partners to enable more people around the globe to move safely, efficiently and enjoyably.
"Toyota Mobility Foundation develops innovative solutions that address a full range of mobility challenges facing communities around the globe by sharing our knowledge," said Akio Toyoda, Chairman of the Board of TMF and President of Toyota Motor Corporation. "As Da Nang adapts to its rapid population and economic growth, we-together with our partners including Da Nang city government-aims to build a more joyful mobile society."
TMF will partner with the local government in Da Nang to develop a sustainable transportation system that meets projected population growth estimates and mobility needs. In the early stages of motorization, Da Nang is considered an entrance to the Indochina East-West Economic Corridor, which links Vietnam, Laos, Thailand and Myanmar. The project, which will take approximately three years to complete (July 2015-March 2018) and a 2.9-million U.S. dollar (approximately 350-million Japanese yen) investment, will address future urban plans and emerging transportation challenges by focusing on three areas:
- Introducing a community bus service to transport people within the governmental, educational and commercial district;
- Establishing a park and ride program; and
- Promoting shuttle buses to connect residential areas with the governmental, educational and commercial district.
Established in August 2014, TMF partners with non-profit organizations, research institutions and other organizations to apply Toyota's technological, safety and environmental expertise to mobility issues around the world. This includes addressing urban transportation challenges, expanding personal mobility for all people and inspiring the next generation of mobility solutions.
About Toyota
Supported by people around the world, Toyota Motor Corporation (TSE: 7203; NYSE: TM), has endeavored since its establishment in 1937 to serve society by creating better products. As of the end of December 2013, Toyota conducts its business worldwide with 52 overseas manufacturing companies in 27 countries and regions. Toyota's vehicles are sold in more than 170 countries and regions. For more information, please visit www.toyota-global.com.
Contact:
Toyota Motor Corporation Public Affairs Division Global Communications Department Tel: +81-3-3817-9926
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