Johannesburg - The costs of the first phase of the Gauteng
Freeway Improvement Project (GFIP) have increased significantly to almost
R90bn, ITWeb Financial reported.
Democratic Alliance Gauteng transport spokesperson Neil
Campbell said the entire project, not just phase one, was estimated to cost
R6.3bn.
He said the opposition was shocked at the extremely high
cost increases of the GFIP and e-tolling, the website reports.
The figures have never been made public, despite attempts by
the DA and media to access the information, he is reported as saying.
He cited the huge costs of borrowing which amounted to
R38.3bn over a 20-year loan period, the expensive toll operating costs and the
possibility of kickbacks as causes of concern.
The South African National Road Agency Limited had not responded to requests for comment by the time
of publication, according to the website.
*This article originally appreared on ITWeb Financial.