BF-Transport Sector Modernization and Corridor Trade Facilitation Project (WB-P156892)

Countries
  • Burkina Faso
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jan 12, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
GOVERNMENT OF BURKINA FASO
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 20.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 25.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 14, 2017

Disclosed by Bank Jan 15, 2016


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Project Description
The development objective of Transport Sector Modernization and Corridor Trade Facilitation Project for Burkina Faso is to improve the efficiency and safety of transport services on the Burkinabé section of the Ouagadougou (Burkina Faso) – Abidjan (Côte d’Ivoire) - road transport corridor. 1) The fist component, Institutional strengthening and capacity building support for public and private sector participants in the transport sector, will strengthen the capacity of the GoBF and of professional associations/organizations in the transport and trade sectors to provide more efficient services to the private sector operating on the Burkinabé section of the Corridor. It has the following subcomponents: (i) Strengthen the institutional capacity of the Ministry of Transport, Urban Mobility and Road Safety (MITMUSR) and related agencies; (ii) Support to transport operators and stakeholders; and (iii) Support to joint initiatives and coordination to facilitate trade on the Corridor. 2) The second component, Development of a heavy cargo truck renewal scheme, is designed to support the development of a self-sustaining long haul heavy cargo truck renewal scheme. It has the following subcomponents: (i) Technical assistance required to put in place an operational framework for a truck fleet renewal program as well as for the recovery and recycling of decommissioned trucks; (ii) Support the establishment of a truck renewal scheme to facilitate the replacement of old unsafe trucks with new ones; and (iii) Support operation of technical committee for the implementation of the financial mechanism and for management of old unsafe trucks scrapping scheme. 3) The third component, Support to customs modernization and trade facilitation on the Burkinabé section of the Corridor, aims to strengthen transport, trade and transit facilitation along the Burkinabé section of the Corridor.
Investment Description
  • World Bank (WB)
Contact Information
Name: Permanent Secretariat of the Transport Sector Program Contact: Franck Toe Title: Permanent Secretary of PST-PCU Email: pst-2@pst-2.bf Name: Ministry of Transport, Urban Mobility and Road Safety Contact: Souleymane Soulama Title: Minister Email: n/a Name: Ministry of Economy, Finance and Development Contact: Hadizatou Rosine Coulibaly/Sori Title: Minister Email: sorirosine@gmail.com ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.