The funding models are as follows:
a) The upgrading of the existing section of the N2 Wild Coast Road between East London and Port St Johns via Mthatha is being funded through the SANRAL existing non-toll MTEF budget allocation and will not be a toll road.
The new greenfield section of the N2 Wild Coast Road between Port St Johns and the Mtanvuna River near Port Edward is to be funded using a hybrid funding model, consisting of SANRAL non-toll MTEF budget allocation for initial construction and Toll financing for future maintenance and operations.
b) The Msikaba and Mtentu bridges will both be funded entirely from SANRAL’s existing non-toll MTEF budget allocation.