Minister of Finance Felix Mutati has called for the commercialization of the National Road Fund Agency -NRFA- to enhance domestic resource mobilization for road maintenance.
Speaking during his last visit to Ivory Coast when he met Ivory Coast Road Fund Director General William Komenan, Mr. M Utati said NRFA will move away from the parastatal syndrome and mobilize finances by managing Zambia’s roads like business ventures.
He said NRFA should involve road users in the management of roads, through payment of Tolls and other Road User Charges.
The Minister emphasized the need to establish a system for financing road maintenance programs with clear accountability and regular technical and financial audits.
And NRFA Acting Director and Chief Executive Officer Wallace Mumba during a tour of some toll facilities run by government and Public Private Partnership said he would implement lessons learnt such as using tolls to get in the financial market and borrow fuds.
He said lessons learnt will be key in the NRFA’s transformation to becoming a commercial entity and ensuring its sustainability.
Meanwhile Lionel Atindehou Director of Operations of HKB an automated Public Private Partnership toll facility says the facility has helped citizen in fast clearance.