A total of N.dollars 4.2 billion for the financial year of 2023/24 and N.dollars 13.1 billion over the Mid-term Expenditure Framework (MTEF) has been allocated to the requisite infrastructure development sector.
Meanwhile, the transportation sector received a total of N.dollars 2.9 billion and N.dollars 9 billion for the 2023/23 financial year and MTEF respectively.
This was revealed by Deputy Minister of Finance and Public Enterprises, Maureen Hinda-Mbuende, at the African Road Maintenance Fund Association (ARMFA) Presidential handover ceremony in Swakopmund on Tuesday.
According to Hinda-Mbuende, this budget allocation is primarily for the completion of ongoing phases of road construction projects with contractual awards.
These include the finalisation of the Windhoek-Okahandja dual carriageway’s second phase, the Swakopmund-Henties Bay-Uis-Kamanjab road and the completion of phase one of the Windhoek-Hosea Kutako Airport road and the retention for the upgrades to Walvis Bay-Kranzberg railway line.
Source: The Namibian Press Agency