Skip to main content

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.

For more information on companies in this article

Related Content

  • Kapsch preferred bidder on Ohio River Bridges toll project
    March 13, 2015
    The Indiana Finance Authority (IFA) and Ohio River Bridges Joint Board have again selected Kapsch TraffiCom to manage and maintain an all-electronic toll-collection system for the Louisville-Southern Indiana Ohio River Bridges Project. Kapsch TrafficCom was selected from among three bidders who participated in the proposal process. A joint evaluation committee, made up of officials from both Indiana and Kentucky, scored the proposals based on the best value. Kapsch TrafficCom's proposal estimate was US$41.5
  • Tallinn to have free public transport from 2013
    March 28, 2012
    A public referendum held in the Estonian capital, Tallinn, supported a plan to make the city's public transport system free of charge. Altogether 68,059 people took part in the referendum, which was just around a fifth of all eligible voters in Tallinn. In the referendum, 75.5 per cent supported and 24.5 per cent were against the idea of free public transport.
  • Work to begin on North Virginia highway improvements to ease congestion
    August 2, 2016
    Work will begin this summer on the first major improvements to US Interstate 66 inside the Capital Beltway, Virginia, in 15 years. The Virginia Department of Transportation (VDOT) project is part of a comprehensive initiative to transform the I-66 corridor, giving commuters and other travellers a variety of fast and reliable choices for getting to and from work. Toll revenues will fund multimodal improvements, giving commuters expanded options for travel. To jumpstart the process, the Commonwealth Transp
  • Jakarta's chronic congestion
    May 16, 2012
    Indonesia’s capital Jakarta suffers a heavy economic penalty for its chronic traffic congestion. This has been revealed by a new report from the Jakarta Transportation Agency, which says that the city loses some US$3.2 billion/year from traffic congestion. To deal with the problem the city authorities have a series of plans to upgrade the road system. The plans include building flyovers and widening roads, as well as constructing a further six inner-city toll roads.