601344
Cross-Industry Advisory Services
Feb 28, 2017
Senegal
Africa
Feb 24, 2016
Completed
Estimated Total Budget Pending
(Project budget includes all project-funded activities)
Aug 14, 2024
Mar 1, 2016
Dec 31, 2023
The PPP advisory mandate involves assistance in the
structuring and implementation of the private sector components of the BRT
(Bus Rapid transit) Project that Government of Senegal (GoS) is implementing with IDA financing
assistance. The aim of the project is to launch a new bus-based pilot route for
a BRT system. The project will consist in a 18.3km from Guediawaye to downtown
Dakar on fully dedicated bus lanes. The Project consists broadly of (i)
Transport infrastructure: construction of busway, terminals and stations
estimated at US$ 330m; and (ii) Transport equipment and systems: procurement of
bus fleet, operating system and passenger information system estimated at
around US$ 60m. The transport infrastructure component would be financed by the
GoS under loans from the World Bank, while the transport equipment and systems
component will fall under the remit of the private operator for the envisaged
PPP.
IFC’s mandate will be structured around 2 phases:
Phase 1 (analyses and structuring) to analyze institutional, economic and environmental & social aspects as well as undertake detailed technical and legal due diligence, commercial and tariff analyses and financial modelling. During this phase, a proposed structuring of the transaction will be discussed with GoS.
Once the Government makes a decision, phase 2
(implementation) can start with marketing to potential investors, and
preparation of tender until the selection of an Operator for the BRT.