- Country Senegal
- Estimated Investment USD 200.00 million
- Approved GIF Funding USD 0.49 million
- Sector Transport
- Project Type
Project Preparation and Structuring Activity (Feasibility studies)
- Implementing Partners IFC
- Expected Project Completion Date 30-06-2022
- Theme Climate Smart
Challenge
Dakar is a heavily congested city, leading to slow transportation speeds (average of 15 km/h for public transportation), with significant fuel costs, air pollution, and lost economic opportunities. A high proportion of the motorized trips within Greater Dakar are made on public transport (approx. 82% in 2013). However, the existing public transportation options are not efficiently organized and contribute to the city's congestion.
Solution
To address these challenges, the government sought GIF and World Bank support for the implementation of a Bus Rapid Transit (BRT) project under a PPP scheme.
GIF, IFC and the WB support all throughout the transaction structuring and tendering process resulted in the successful selection of a suitable concessionnaire in 2022. Uner the 15 years concession, under which the concessionnaire will be responsible for the acquisition of the bus fleet and their operation and maintenance over the concession term.
Expected Impact
The project is expected to mobilize US$ 150 million in private investments. The proposed 100% electric fleet will significantly reduce transport related CO2/GHG emissions by an estimated 59,000 tons/year. The BRT would service more than 300,000 passengers per day and cut travel time by 50% (from 90 to 45 minutes). The project would also generate important economic impacts, with the creation of more than 1000 direct jobs.
