Burkina Faso Project Notice - Project To Set Up A Renewal Mechanism For The Fleet Of Passenger Transport Vehicles, Taxis And Driving School Vehicles


Project Notice

PNR 33622
Project Name Project to set up a renewal mechanism for the fleet of passenger transport vehicles, taxis and driving school vehicles
Project Detail CORRIDORS MANAGEMENT PLAN FOR THE RING OF GROWTH IN WEST AFRICA (WAGRI-CACAO) 1. TITLE: Project to set up a renewal mechanism for the fleet of passenger transport vehicles, taxis and driving school vehicles 2. COUNTRIES OF INTERVENTION: BURKINA FASO 3. AREA OF INTERVENTION: The whole national territory 4. AREAS OF INTERVENTION: Transport, road safety 5. STRATEGIC AXIS OF THE MASTER PLAN: Button D: Inclusive and Sustainable Development 6.JUSTIFICATION OF THE PROJECT: Burkina Faso has begun a policy of optimizing urban mobility to facilitate the movement of economic agents between the areas of residence and the clusters of administrative and economic activities while controlling environmental nuisances. The taxi sector has about 5,500 taxis including 3,500 taxis in Ouagadougou and 2000 in Bobo Dioulasso. The actors are organized through eight (08) unions. Seven (07) of them have come together in federation to better develop their sector of activities. The taximen of Burkina Faso are distinguished by their dynamism. They are hard workers in difficult conditions. 7. MAJOR STAKEHOLDERS Project Manager: Ministry of Transport, Urban Mobility and Road Safety Project Management: Directorate General of Land and Maritime Transport (DGTTM) Beneficiaries: Public transport companies, taxi transport operators in Burkina Faso and Driving Education Companies (Driving Schools) Other stakeholders: SOCIOPROFESSIONAL ORGANIZATIONS, LOCAL AUTHORITIES, FINANCE AUTHORITIES Coordination and monitoring-evaluation This project is an important and inseparable part of the long-term mechanism for renewing the fleet of public transport vehicles, especially goods 8. STRATEGIC DIRECTIONS General Objective (Goal): Rejuvenate the fleet and improve mobility conditions in major urban centers Specific Objectives: 1. Set up a system to renew the fleet of taxis, public transit vehicles and vehicles assigned to driving schools. 2. Optimize public transit and improve urban mobility 3. Combat pollution 4. Reduce road insecurity 5. Reduce unemployment Expected results : (Deliverables and effects) 1. Taxis, public transport operators and driving schools subscribe massively to the operation 2. At least two thousand (2000) taxis are imported and two thousand (2000) old taxis are scrapped 3. The pollution generated by motorized transport is reduced 4. The number of accidents in urban areas has decreased Main activities : 1. Carry out a study of the economic and financial profitability of the project taking into account the installation of a vehicle assembly plant of the selected vehicle prototype. 2. Develop and adopt a techno-financial protocol between the Ministry of Transport, the Taximen of the common carriers and driving schools, the mayors of both cities, banks, insurers, advertising entities and Chinese investors. The implementation of this protocol will improve the urban transport system and ensure respect for loan repayments. 3. Carry out a study of the economic and financial profitability of the project by taking into account the installation of an assembly plant of the prototype of the selected vehicle. 4. Develop and adopt a technical-financial protocol between, the Ministry in charge of transport, the taximen ruler, the mayors of both cities, banks, insurers, advertising entities and investors. The implementation of this protocol will improve the urban transport system and ensure respect for loan repayments. Environmental and social impact: - Reduction of air pollution by gas from taxis vehicles whose current fleet is in poor condition. - Improvement of urban mobility conditions in Burkina Fasos major urban centers - Training in management and creation of new viable taxi companies 9. FINANCING PLAN Estimated cost of the project: 10,000,000,000 FCFA Amount mobilized: Rate:% Source Amount Financing instrument (PPP, State Budget, Loan, Other) F CFA USD State: Private promoter: Development Partners: 10,000,000,000 18,181,818 Loan Private partners: Remaining to be mobilized: 10,000,000,000 18,181,818 Rate: 100% 10. DURATION - MAIN STAGES OF THE PROJECT Estimated time of realization Start: 2019 End: 2024 Duration of operation: 5 years
Funded By Self-Funded
Sector Transportation
Country Burkina Faso , Western Africa
Project Value XOF 10,000,000,000

Contact Information

Company Name Union Economique et Monétaire Ouest Africaine (UEMOA)
Address UEMOA Commission 380 Avenue Professor Joseph KI-ZERBO 01 BP 543 Ouagadougou Burkina Faso commission@uemoa.int +226 25 31 88 73 to 76 +226 25 31 88 72
Web Site http://www.uemoa.int/sites/default/files/bibliotheque/fiches_projets_burkina_faso.zip

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