Dakar Bus Rapid Transit (IFC-601344)

Countries
  • Senegal
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Feb 24, 2016
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Senegal (GoS)
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 2.62 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Nov 28, 2017

Disclosed by Bank Mar 1, 2017


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed 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. 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, andpreparation of tender until the selection of an Operator for the BRT.

People Affected By This Project
People Affected By This Project refers to the communities of people likely to be affected positively or negatively by a project.
The identified pilot line stretches for 19km from Guediawaye to downtown Dakar It is expected to decrease average travel time by 50% from 95 to 47 minutes, with approximatively 500,000 people deserved by the pilot BRT corridor by 2025. This represents around 30% of the total trips on the future mass public transport network (BRT plus TER). The primary purpose for this initiative is to relieve the existing roads of their heavy congestion. The project will also be positive for the urban design and planning of the city. It will lead to a renewal of the downtown harbor, reconfiguration of the suburbs, and help to limit urban sprawl. From this project, it is expected an improvement of the availability and reliability of public transportation. The direct long term benefits will include an increase in urban productivity and reduction in the city center pollution. More indirect benefits will include the appreciation of land value along the main routes served and the potential for further development of commercial and real estate activities.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
ACCOUNTABILITY MECHANISM OF IFC The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/

How it works

How it works