PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

601344

Primary Business Area

Cross-Industry Advisory Services

Disclosure Date

Mar 1, 2017

Country

Senegal

Region

Africa

IFC Approval Date

Feb 24, 2016

Status

Completed

Estimated Total Budget

Estimated Total Budget Pending
(Project budget includes all project-funded activities)

Last Updated Date

Aug 14, 2024

Project Estimated Start Date

Mar 1, 2016

Project Estimated End Date

Dec 31, 2023

Project Description

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.


Development Results

E&S Risks / Impacts and Mitigation