Over half-billion allocated for capital projects
A breakdown of the combined projects provided for in the anticipated spending for 2021/22 for land development projects is amounting to N$122 million.
08 June 2021 | Economics
This will ensure that council continuously provides the much-needed services as mandated by the legislation. Trevino Forbes, Mayor: Walvis Bay
Speaking at the tabling of the council’s budget for the 2021/22 financial year, recently, Victor said the total amount on the capital budget which is anticipated to be spent during 2021/22 amounts to N$303 million and the remaining N$313 million will cover 2022/23 and beyond.
“A breakdown of the combined projects provided for in the anticipated spending for 2021/22 for land development projects is amounting to N$122 million. The land delivery projects run over more than one financial year. From the total allocation of the land development budget, N$38 million has been budgeted for the development of Farm 37. The number of erven for this site will be determined after the finalisation of bulk services,” he said.
He added that an amount of N$14 million has been budgeted for the development of erf 8635, Kuisebmond which is expected to yield 200 low-income residential erven.
He went on to highlight that N$29 million is budgeted for the development of extension 8 in Narraville at the town and is expected to yield about 185 residential erven and N$41 million is divided into the finalisation and starting up of new extensions amongst others.
A total of N$57 million is earmarked for service delivery projects involving the implementation, upgrading and replacement of water and sewer infrastructure, and planning and construction of a new wastewater treatment plant. For infrastructure repair and replacement, N$38 million has been set aside and this involves tarring of the streets, resealing and rebuilding of streets and intersections, said Victor.
Walvis Bay Mayor, Trevino Forbes on his part said, considering the total outstanding services debt of N$293 million, residents should keep on paying their utility services.
“This will ensure that council continuously provides the much-needed services as mandated by the legislation,” he said. - Nampa