Budapest estimates income from congestion charge

Istvan Tarlos, the mayor of Budapest, the Hungarian capital, has told the press that income from the planned congestion charge will total some US$85.64 million per year. The amount will be spent on covering operating costs of the Hungarian capital's public transport company BKV. The congestion charge is expected to be introduced by mid-2013.
May 22, 2012 Read time: 1 min
RSSIstvan Tarlos, the mayor of Budapest, the Hungarian capital, has told the press that income from the planned congestion charge will total some US$85.64 million per year. The amount will be spent on covering operating costs of the Hungarian capital's public transport company 5624 BKV. The congestion charge is expected to be introduced by mid-2013.
Charging, Tolling & RUC

For more information on companies in this article

BKV

Related Content

  • ARTBA proposes path to breaking gridlock on transportation funding
    March 13, 2015
    The American Road & Transportation Builders Association (ARTBA) has outlined a detailed proposal it believes could end the political impasse over how to fund future federal investments in state highway, bridge and transit capital projects. The ‘Getting beyond gridlock’ plan would marry a 15 cents-per-gallon increase in the federal gas and diesel motor fuels tax with a 100 per cent offsetting federal tax rebate for middle and lower income Americans for six years. The plan, ARTBA says, would fund a US$401 bil
    Read More
  • Re-timing traffic signals delivers cost benefits
    June 28, 2012
    Nashville's signal optimisation programme produced a stunning return on investment. Are those results exceptional? Could similar results be replicated in cities across the US and indeed the world? ITS International spoke to Chris Rhodes, P.E. of Kimley-Horn and Associates, project leader for the Nashville signal optimisation programme. "You have to bear in mind that with signal optimisation programmes you don't see, for instance, physical construction or new pieces of equipment on the roadside that someone
    Read More
  • 1,000 Nissan Leaf EVs sold in Norway in just six months
    April 30, 2012
    Nissan in Norway has announced that it has sold 1,000 of its electric Leaf cars in just six months, taking almost two per cent of the total car market in February this year demonstrating the impact of comprehensive incentives and developed charging infrastructure. The government support and charging infrastructure have helped the Nissan Leaf become the second best-selling Nissan in Norway and the ninth best-selling passenger car overall in February. Norway has the highest level of support in Europe for elec
    Read More
  • Bogotá sets tentative timeline for metro tender
    February 6, 2015
    Bogotá mayor Gustavo Petro has announced that a tender for the Colombian capital's Line No. 1 metro project, which has been in the planning for a decade, could be issued by July. However, the final timeline for bidding will depend on whether the city is first able to line up financing for the project, the mayor added, according to local press reports. Building the metro line is expected to cost US$7.5 billion, or about double the previous estimates. In its current form, the metro line will extend some
    Read More

Highlighted Content