The Skyrail Bahia project (the "Project") consists of the design, building and operation of a 23.28km, 26 station monorail line in Salvador de Bahia (Phase I and Phase II) under the terms of a 35-year Public Private Partnership. Phase I is 19.2 km double line from Ilha de Sao Joao station to Comercio station. Phase I has 21 stations with an average interval of 0.9km. Phase II goes from Porto São Joaquim station to Acesso Norte station, with a total length of 4.08 km and four stations.
A consortium formed by BYD and Metrogreen won the public tender in May 2018 and was awarded the Project under a PPP Agreement signed on February 2019 with the Office of Urban Development (SEDUR) of the State Government of Bahia.
The IDB Group will provide financing to pay for CAPEX and other project costs during construction (estimated at US$842 MM) through a US$240 MM loan with an up to 20-year door-to-door tenor.
The Project will improve the level of regional public transport services, establish large capacity public transport corridors in Salvador, strengthen the links between the urban areas of Salvador and establish cultural tourism brand in Salvador.
Based on the information available, the Project has been preliminary classified as a Category A according to IIC’s Environmental and Social Sustainability Policy due to the following key environmental, social, health and Safety (ESHS) risks and impacts: 1) during construction works, which include the generation of: (i) noise and vibration; (ii) dust and particulate material; (iii) solid waste; (iv) traffic increase and disturbance; v) social impacts arising out of interference with commercial establishments and/or access to public social infrastructure and resettlement and livelihoods displacement; (vi) health and safety risks to construction personnel and local residents; viii) impacts to archeological sites; 2) During the operational phase the main impacts are related to (i) noise, ii) vibration, (iii) health & safety and community risks related to accidents, iv) visual impact, amongst others.
The Company prepared three environmental and social impact studies: a) Neighborhood Impact Assessment (EIV), b) Medium Impact Assessment (EMI) and an Archeological Impact Assessment (PAIPA).
IDB Invest will conduct a full environmental and social (E&S) appraisal (due diligence) that will include document review, site visit, and meetings with key stakeholders. The E&S due diligence will also involve the input of external, specialized expertise by way of an independent Social Consultancy firm. During the environmental and social due diligence the IDB Invest and the consultant will further assess the Project’s key risks, evaluate environmental and social management gaps with respect to its E&S Sustainability Policy, and propose mitigation measures in the form of an environmental and social action plan (ESAP), to be agreed upon with the client. In addition, an environmental and social review summary (ESRS) will be prepared and posted on this website once the due diligence is completed.
For project inquiries, including environmental and social questions related to an IDB Invest transaction please contact the client (see Investment Summary tab), or IDB Invest using the email firstname.lastname@example.org. As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to email@example.com or MICI@iadb.org, or calling +1(202) 623-3952.