12 Apr 2019 18:30pm
WALVIS BAY, 12 APR (NAMPA) - The Municipality of Walvis Bay is expecting to execute its capital projects valued at N.dollars 314 million over a period of more than one year.
Chairperson of the towns Management Committee, Councillor Lilo Niilenge who gave a breakdown of the funds during her budget speech on Thursday, explained that of the N.dollars 314 million, N.dollars 250 million will be spent during the 2019/20 financial year.
The remaining N.dollars 63 million is expected to be spent during 2020/2021 financial year and beyond, she said.
N. dollars 107 million will be used for land delivery projects, which run over to more than one financial year, she added.
From the total land development budget, N.dollars 76 million has been budgeted for the development of Farm 37, which was obtained by the municipality to build affordable houses for thousands of backyard squatters and landless residents in the town.
The remaining N.dollars 31 million will be used for either the finalisation or starting up of new extensions, Niilenge said.
The councillor went on to say that community and social projects have been allocated a total of N.dollars 46 million for primary projects, including the construction of the Tutaleni Fire Station and the upgrading of the single quarters and Ekutu stalls, amongst others.
An additional N.dollar 80 million will be diverted to service delivery which consists of the implementation, upgrading and replacement of water and sewer infrastructure, planning and construction of a new waste water treatment plant and upgrading of the existing pump stations.
The chairperson added that the remaining N.dollars 15 million will be spent on vehicle replacements and additions, as well as projects other than land development.
Council, she announced, plans to develop an industrial park which would help with job creation.
The council budget is tabled in terms of the provisions of Section 83, sub-section 1 of the Local Authorities Act, Act No. 23 of 1992 as amended.