The Road Fund Administration (RFA), Roads Authority (RA) and Walvis Bay Municipality have signed a Memorandum of Agreement on the rehabilitation and widening of the municipal roads leading to the port in the harbour town.

Signing on behalf of the RFA, its Chief Executive Officer Ali Ipinge said the N.dollars 248 million committed to the five-year agreement will be derived from the Road User Charges funding.

Ipinge said as Namibia seeks to strategically position itself as a gateway to the southern Africa economic market through the deepened and expanded port of Walvis Bay, more cargo volumes destined for neighbouring countries will pass through Walvis Bay.

“This subsequently increases the usage of the roads in Walvis Bay, and in particular roads leading to the port. Hence, a key aspect of the MOA that we are signing this morning, is to ensure that continuous, on-time upkeep of the roads used by the cargo traffic destined for local, regional and international markets,” he stated.

Ipinge noted that through the agreement, the three institutions will ensure added support for the national vision of promoting the national road corridors and logistical hub ideals as enshrined in Namibia’s Vision 2023.

Source: The Namibian Press Agency