Release date: 12 January 2022
Promoter – Financial Intermediary
PUBLIC ENTITY(IES)Location
Description
Development and construction of Line 3, one of the proposed five Bus Rapid Transit (BRT) transport corridors envisioned under a harmonised, citywide, sustainable transport plan for Nairobi.
Objectives
Clean BRT Line 3 will provide a substantial improvement to the current public transport system of the congested capital of Kenya by offering a green solution to the challenges of an efficient bus network. It will be over 12km long, crossing the city centre of Nairobi from East to West, connecting hospitals, Dandora train station, key market areas and it will interface with many of the other BRT lines. As such, Clean BRT Line 3 is also the heart of the future BRT network. The project will involve the detailed design and construction of the bus corridor, as well as the construction of a bus depot, procurement and acquisition of zero emission electric buses, construction of bus stops and associated monitoring, ticketing and management facilities.
Comments
This operation will be one of the first operations under the new public sector window of the Neighbourhood, Development and International Cooperation Instrument (NDICI) mandate in sub-Saharan Africa.
Sector(s)
- Transport - Transportation and storage
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
Proposed EIB finance (Approximate amount)
EUR 201 million
Total cost (Approximate amount)
EUR 402 million
Environmental aspects
The Bank will require the Promoter to implement the project in compliance with the Bank's Environmental and Social Standards. An Environmental and Social Impact Assessment and a Stakeholder Engagement Plan is being prepared, including public consultation. As the project is expected to require resettlement along the foreseen BRT route, a Resettlement Action Plan will also be prepared. The project's relevant key documents will be published in line with the Bank's procedures.
Procurement
The Bank will require the Promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.
Status
Approved - 24/01/2023
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).