Potentially N$13.3 billion lost in tolling deferment

CHAMWE KAIRA The Road Fund Administration (RFA)’s feasibility study found that 21 roads can fund N$5.8 billion in capital and maintenance expenditure over five years, possibly generating N$7.5 billion in additional revenue to subsidise roadworks across the entire network. This adds up to N$13.3 billion. The RFA has looked at tolling as an additional revenue stream to maintain the N$101 billion national road network. Empirical research shows that tolled roads are better maintained, resulting in more jobs, economic opportunities and lower vehicle operating costs, according to the RFA. According to additional econometric analysis, tolling would add N$1.7 billion to the…