NANCY SIAME, Lusaka
THE National Road Fund Agency (NRFA) targets to increase its revenue collection by 60 percent from K450 million collected in 2016 to over K700 million by the end of this year.
This follows the revision of toll fees effective January 1, 2017, which will see small vehicles pay K20 from K10 while minibuses will be paying K40 from K20.
NRFA acting chief executive officer Wallace Mumba said the money will be generated from new toll gates which will be commissioned in the first quarter of this year.
Mr Mumba said during a media breakfast meeting yesterday that the money will be channelled towards the maintenance and construction of new roads.
â€œMaintenance is key to preserving the road asset, whose value is currently estimated at US$8.3 billion. We have over 400 contractors carrying out maintenance works across the country,â€ he said.
He said NRFA commissioned three toll stations in 2016 using simple booth and boom technology which contributed to 10 percent of the overall annual toll revenue from ports of entry and weigh-bridges.
Mr Mumba said three permanent modern toll plazas are under construction in Shimabala, Mumbwa and Chisamba and would be commissioned soon.
He said the agency had also targeted Chongwe but the works could not start in good time due to land issues.
Mr Mumba said the issues have been resolved and works will start soon.
â€œOther upcoming toll sites within this year include Levy Mwanawasa, between Ndola and Kitwe, Garnerton between Kitwe and Chingola, Kapiri to Mkushi, Kasama-Mbala, Choma, Solwezi-Mutanda junction, Nyimba-Petauke and Katete-Chipata,â€ Mr Mumba said.
Mr Mumba said NRFA is undertaking assessments to determine commercial viability on other sites such as Kasama-Luwingu-Mansa Road, Sioma Bridge and Mongu-Kalabo Road.
He said the agency intends to start implementing cashless payments for tolls and strengthen synergies for revenue collection with other road sector agencies.
Mr Mumba said NRFA also intends to start selling tolls in bulk at a discounted fee to the public.
NANCY SIAME, Lusaka