20 Nov 2015 10:40am
WINDHOEK, 20 NOV (NAMPA) The Road Fund Administration (RFA) has invested in excess of N.dollars 1.8 billion in key country road projects during the 2014/15 Financial Year.
The actual revenue came out slightly more than the budgeted revenue, with an 11 per cent increase, RFA 's Chief Executive Officer Ali Ipinge said in a statement issued to Nampa on Thursday.
Ipinge delivered the remarks during the fund's stakeholder consultation meeting on its Five-Year Business Plan for the period 2016-2021 on Tuesday.
The fund invested in excess of N.dollars 1.8 billion in key road projects and programmes via approved authorities, he said.
Ipinge mentioned some of the projects covered, including the construction of the first phase of the Windhoek-Okahandja dual carriageway; and the maintenance, preservation and some rehabilitation of both paved and unpaved national road network which now is in excess of 44 000 kilometres (km).
Other projects include the widening and strengthening of bridges particularly in the south; support towards the management of the national traffic management system; support towards traffic law enforcement; support towards the maintenance of urban roads streets; support towards meeting all operational and administration costs of the Roads Authority (RA) and RFA; and support towards the construction of both RA and RFA head offices.
Ipinge said whilst the RFA achieved good results during the reporting period, some notable soft results or progress was also made in different areas.
These areas include the strengthening of the institutional capacity of RFA; filling of key senior positions which were vacant for a long time such CEO and other non-managerial positions, and the closing of loopholes in various collection streams, amongst others.
The CEO however noted that the fund needs to address some of the challenges such as the backlog on rehabilitation of paved road network of 7 600km.
We still have a long way to go to ensure that there is balance between preservation, maintenance and construction of new roads, Ipinge stated.
The RFA was established on 01 April 2000 by the Road Fund Administration Act (Act 18 of 1999), with the primary aim of managing the road user charging system, to secure and allocate sufficient funding for a safe and efficient road sector in Namibia.