Page 71 - U4SSC Compendium of practices on innovative financing for smart sustainable cities projects

Other (Office, management information system, or laboratory) 2 139

C. VEHICLES AND EQUIPMENT
Loader/material handling equipment, etc. 1 604

Dumper placement / tippers / trucks, etc. 32 086
Push carts 7 872
Light commercial vehicles: four-wheelers/three-wheelers 39 358

Bins of different sizes 122 995
D. Other safety equipment (for firefighting, etc.) 257
TOTAL CAPEX (A+B+C+D) 244 278

Working Capital (WC) 20 199
TOTAL PROJECT COST (CAPEX + WC) 264 477

The municipality of Mamou requested a UNCDF grant of approximately USD 100 000 to complement
the equity contribution of the municipality and its private sector partner, Molthanas, equivalent to
USD 54 545 either in land, transport equipment, front-end cost or in cash. This grant will be used
as leverage to raise a debt of about USD 109 906 from a local bank.

The investment covers the purchase of garbage cans (around 60 per cent of the CapEx cost), at the
rate of two garbage cans per household to allow the sorting at source. This is an incentive subsidy
for 2 500 low-income households. A partnership will be established with a local industrial unit to
manufacture low-cost garbage cans for the extension phase of the project to all neighbourhoods
in the city of Mamou. The purchase of transport equipment – specifically light vehicles or tricycles
and push carts – and the refurbishment of two trucks provided by the City Council, are the second
largest investment and account for about 33 per cent of the CapEx. The use of light vehicles for
the collection of waste is more adapted to the configuration of the city – with many hills and narrow
roads. The trucks will provide the link between the light vehicles and the landfill. The operation of
light vehicles is also an opportunity to tap into the city's labour force potential, containing many
young women and men with no job prospects.

Figure 15: Breakdown of project costs and funding

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