PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

608206

Primary Business Area

Transaction Advisory

Disclosure Date

Dec 18, 2024

Country

Tanzania

Region

Africa

IFC Approval Date

Nov 18, 2024

Status

Active

Estimated Total Budget

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

Last Updated Date

Dec 23, 2024

Project Estimated Start Date

Dec 6, 2024

Project Estimated End Date

Nov 30, 2027

Client Legal Name

DAR RAPID TRANSIT AGENCY

Project Description

IFC will assist the Government of Tanzania and the Dar Rapid Transit Agency (DART) in designing and implementing two Public Private Partnership Transactions to identify and select a private partner for Phase 3 and Phase 4 of the DART BRT system in Dar es Salaam. The private partners will procure, operate, and maintain trunk and feeder buses as well as all related operational systems while the public party will provide the BRT trunk corridor, feeder road infrastructure, and other supporting infrastructure.

Development Results

E&S Risks / Impacts and Mitigation