Dakar Bus Rapid Transit

completed

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.