Enhancing Financial Sustainability and Commercial Viability of Bus Rapid Transits in Sub Saharan Africa
Rapid urbanization and urban population growth are placing increasing pressure on the transport systems of Sub Saharan Africa (SSA) cities. In response, major cities in the region have implemented or are in the process of implementing bus rapid transit (BRT) systems, which is seen as an affordable way to address the mobility challenges. To enable a financially sustainable BRT system and mobilize private capital more efficiently, it is critical for SSA governments to have an in-depth understanding and comprehensive assessment of these factors to develop contextually appropriate, effective solutions. This study aims to assist both public and private sector stakeholders to enhance the financial sustainability and commercial viability of BRT systems in SSA by: (i) identifying, framing, and analyzing the key factors influencing the financial sustainability and commercial viability of SSA BRTs; and (ii) developing a robust analytical tool to guide a high-level assessment of the factors influencing the financial sustainability and commercial viability of SSA BRT systems. The study was conducted in five stages: (1) project inception, (2) desktop review, (3) stakeholder engagement, (4) factor identification and analysis, and (5) assessment tool development. Chapter one introduces the objectives and context of the project. Chapters two and three capture key findings for several major BRT initiatives, in particular in Cape Town (South Africa), George (South Africa), and Dar es Salaam (Tanzania), providing a basis for the characterization of challenges and factors that impact financial sustainability and commercial viability. Chapter four articulates nine fundamental factors and their associated key actions and recommendations to enhance BRTs’ financial sustainability and commercial viability. Finally, chapter five provides a user guide for the factor assessment tool that should be used by decision makers when exploring the possibility of developing BRTs as an urban mobility solution.
| Main Authors: | , |
|---|---|
| Format: | Report biblioteca |
| Language: | English |
| Published: |
World Bank, Washington, DC
2021-06-16
|
| Subjects: | URBAN TRANSIT, BUS RAPID TRANSIT, URBAN TRANSPORT, REGULATORY CONSIDERATIONS, BUSINESS MODEL, COMMERCIAL VIABILITY, FINANCIAL SUSTAINABILITY, STAKEHOLDER ENGAGEMENT, POLITICAL ECONOMY, PARATRANSIT, FISCAL CAPACITY, |
| Online Access: | http://documents.worldbank.org/curated/en/175831623807351546/The-Factor-Analysis-Report https://hdl.handle.net/10986/35800 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | Rapid urbanization and urban population
growth are placing increasing pressure on the transport
systems of Sub Saharan Africa (SSA) cities. In response,
major cities in the region have implemented or are in the
process of implementing bus rapid transit (BRT) systems,
which is seen as an affordable way to address the mobility
challenges. To enable a financially sustainable BRT system
and mobilize private capital more efficiently, it is
critical for SSA governments to have an in-depth
understanding and comprehensive assessment of these factors
to develop contextually appropriate, effective solutions.
This study aims to assist both public and private sector
stakeholders to enhance the financial sustainability and
commercial viability of BRT systems in SSA by: (i)
identifying, framing, and analyzing the key factors
influencing the financial sustainability and commercial
viability of SSA BRTs; and (ii) developing a robust
analytical tool to guide a high-level assessment of the
factors influencing the financial sustainability and
commercial viability of SSA BRT systems. The study was
conducted in five stages: (1) project inception, (2) desktop
review, (3) stakeholder engagement, (4) factor
identification and analysis, and (5) assessment tool
development. Chapter one introduces the objectives and
context of the project. Chapters two and three capture key
findings for several major BRT initiatives, in particular in
Cape Town (South Africa), George (South Africa), and Dar es
Salaam (Tanzania), providing a basis for the
characterization of challenges and factors that impact
financial sustainability and commercial viability. Chapter
four articulates nine fundamental factors and their
associated key actions and recommendations to enhance BRTs’
financial sustainability and commercial viability. Finally,
chapter five provides a user guide for the factor assessment
tool that should be used by decision makers when exploring
the possibility of developing BRTs as an urban mobility solution. |
|---|