PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

599589

Primary Business Area

Public-Private Partnerships Transaction Advisory

Disclosure Date

Aug 12, 2013

Country

Mexico

Region

Latin America and the Caribbean

IFC Approval Date

May 28, 2013

Status

Completed

Estimated Total Budget

$855,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Feb 26, 2017

Project Estimated End Date

Apr 25, 2014

Project Description

IFC will be the lead advisor of the Ministry of Transport of the Mexican State of Puebla for the structuring and tender of a PPP scheme for the second and third lines of the Integrated Mass Transport Network for the City of Puebla (RUTA System). This project comprises the construction of a Bus Rapid Transit line (BRT) and a Preferential Bus Lane. IFC will provide its advisory services following a two phase approach. In Phase 1, IFC will evaluate and validate the existing traffic studies conducted by the client, and determine if additional studies are required. In Phase 2, IFC will produce the technical and legal documents for the tender process, market the project among investors, assist the client in prequalifying bidders, answering bidder queries and bids evaluations, contract awarding process and the financial closure.

Development Results