By Twink Jones Gadama
The Roads Fund Administration (RFA) has collected a staggering K12.7 billion from toll gates across the country, according to the organization’s latest financial reports. The revenue was generated from various toll gates, including the newly established ones, which were introduced in November 2021.
Speaking in an interview, RFA’s Spokesperson Masauko Mngwaluko, revealed that the organization has been working tirelessly to ensure that the toll gates are efficiently managed to generate revenue for the country’s road infrastructure development.
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“We are pleased to announce that our efforts have yielded positive results, with a total collection of K12.7 billion from the toll gates,” Mngwaluko said. “This revenue will be used to finance various road projects across the country, including the maintenance and rehabilitation of existing roads.”
RFA introduced its first toll gate at Chingeni in 2021, followed by the launch of another toll gate at Kalinyeke in Dedza. The organization plans to establish more toll gates in strategic locations to increase revenue collection.
Mngwaluko further disclosed that K3.8 billion of the collected revenue will be used to finance the rehabilitation of the Phula-Mpasa road, which connects Kamwamba to Zalewa. The project is expected to improve road safety and reduce travel times for commuters.
The collection of toll gate revenue is a significant milestone for RFA, which has been working to improve the country’s road infrastructure. The organization’s efforts have been commended by various stakeholders, including the government and the private sector.
The toll gate revenue collection is also expected to have a positive impact on the country’s economy, as it will reduce the financial burden on the government to fund road projects. This, in turn, will enable the government to allocate more resources to other critical sectors, such as healthcare and education.
The collection of K12.7 billion from toll gates is a significant achievement for RFA, and it demonstrates the organization’s commitment to improving the country’s road infrastructure. As the organization continues to work towards its goal of providing safe and efficient road networks, it is expected that the toll gate revenue collection will continue to grow, thereby contributing to the country’s economic development.