RFA millions for waterfront at Lu00fcderitz
RFA millions for waterfront at Lu00fcderitz

RFA millions for waterfront at Lüderitz

About N$300 million has been spent on the Lüderitz waterfront since the project began in 2002.
Jo-Mare Duddy Booysen
LÜDERITZ – The chief executive officer of the Lüderitz Waterfront Development Company, Fluksman Samuehl, says the Road Fund Administration (RFA) has come to their aid and provided N$2.8 million for the construction of a tarred road that will link the waterfront building to the rest of the town.

Earlier this year the CEO pleaded with the local authority and central government to make funds available for the construction of the road.

In an interview with Nampa, Samuehl said the road will help them to control both motorists and pedestrians, ensure that there is enough parking, lights and to connect the waterfront building to the rest of the town.

“We approached the RFA and it came to our rescue and availed the money, but we had to use the procurement of the town council and various processes have been completed in terms of procurement and end of this month the construction has to start,” he said.

The road is expected to be completed by December this year.

Samuehl said they are in talks with the Lüderitz town council and the RFA for the second phase of the road that will link the waterfront building to Nest Hotel at the coastal town and for that, at least N$6.5 million is needed.

Ongoing discussions

Construction on the transformation of the Lüderitz Old Power Station started in 2002. Samuehl urged the government to release the needed funds to complete the renovation on the old power station as the project is 70% completed.

The waterfront project is expected to cost the government over N$400 million once completed. According to the CEO, about N$300 million has thus far been spent, with construction carried out by the Nexus Group.

Samuehl added that the constructor left the site in February this year due to the lack of funds and at least N$124 million is needed to complete the project.

“The only challenge that this huge project is faced with, as it is the single largest development in town since after independence, is just funding from the government. My office is in ongoing discussions with accounting officers from different ministries that are involved in the project and we are confident that in August when we have additional budget that a portion of funds will be made available to complete the project,” he said.

The waterfront is set to house a satellite campus of the Namibia University of Science and Technology, a maritime museum, an amphitheatre, a gym and various entertainment facilities. - Nampa

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 414.72/OZ UP +1.55% | Copper US$ 5.04/lb UP +4.12% | Zinc US$ 3 059.30/T UP 0.11% | Brent Crude Oil US$ 84.28/BBP UP +0.60% | Platinum US$ 1 084.88/OZ UP +2.19%