SVO Project ( Bridge Salvador- Itaparica Island )

Project stage info

Stage 1: Initial Government Announcement

Completed

Government Sponsor
Government of Bahia, Seplan - Secretaria de Planejamento do Estado da Bahia

Form of project announcement
Government announcement

Project Rationale
The Project intends to develop the economy of the south and southwest territories of the Metropolitan Region of Salvador, reconfiguring the regional urban network, stimulating the development of medium-sized cities capable of offering more diversified and better quality services to the regional population and creating a new logistic vector for Salvador, which today depends on a single road access - BR 324.

Indicative timetable of project development
September, 2017 - Public call for the objective of market prospecting and obtaining technical inputs for studies conducted by the State of Bahia for the construction and concession of the western highway, which includes a bridge linking Salvador to the Itaparica Island

Any project documents that are publically available about the project
www.pontesalvadorilhadeitaparica.ba.gov.br is the official site of the project

Project looking for additional PPF assistance
No

Project looking for additional MDB assistance
No

Is project multi jurisdictional?
No

Stage 2: Project Investigation

Completed

Value
2,215.4 M USD
7,661 M BRL

Indicative Funding Source
Combination

Have any external advisors been appointed yet
Yes

Is the project contained in national/sub national infrastructure plan or strategy
Yes

Plan/Strategy Document URL:
http://www.al.ba.gov.br/PublitaoPHP/Uploads/31082015151213000000_PPA_2016-2019_.pdf

Please outline any studies (for example environmental, engineering etc.) that will be completed prior to a full business case development
Social and economic development studies; Market demand studies; Economic and financial studies, Studies of ancillary revenues and investments associated to the PROJECT, including real estate

Opportunity for Private Sector Involvement
Equity, Debt - Private Sector, Construction, Operations

Stage 3: Start of Project Feasibility / Business Case

Completed

Legal Advisors Appointed
No

Financial Advisors Appointed
McKinsey & Company

Technical and Other Advisors (inc Project Preparation Facility) Appointed
Some institutional and private partners/advisors, Enescil Engenharia de Projetos, COWI A/S, Maia Melo Engenharia Ltda, V&S Ambiental, Nemus, Fundação COPPETEC, Instituro Pólis, Oficina Consultores Associados, Demacamp Planejamento, Projeto e Consultoria s/s Ltda

Is a Business Case Being Prepared?
Yes

Business Case Prepared By
Government

Preparer company/department name
Seplan - Secretaria de Planejamento do Estado da Bahia

Estimated Business Case Completion Date
Q1 2018

Estimated Time To Start Of Procurement
Q1 2018

Any other relevant information relating to the project process
The Public Call in course, for market prospection and obtainment of technical contributions for studies conducted by the State of Bahia for the construction and concession of the Western Highway System / Salvador - Island of Itaparica Bridge may cover the following scope: Critical review of studies already received or carried out by the State of Bahia; Studies of ancillary revenues and investments associated with the PROJECT, including real estate, commercial, tourist, agricultural, logistic, industrial and service production projects in the area of influence of the PROJECT; Financial structuring studies, which should consider all possible models and viable forms of financing.