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

  • New York to pilot cordon-based congestion charging
    March 16, 2012
    From 2009, if all goes to plan, New York will run a three-year cordon-based congestion charging pilot - the first in the US. Upon accession, US Secretary of Transportation Mary Peters signalled her intention to continue her predecessor Norman Mineta's initiative to specifically target road congestion. And, with initiatives such as the US Department of Transportation's (USDOT's) Urban Partnership Program actively promoting tolling as a part of a compound solution to the problem, the way was opened for the co
  • New York to pilot cordon-based congestion charging
    March 16, 2012
    From 2009, if all goes to plan, New York will run a three-year cordon-based congestion charging pilot - the first in the US. Upon accession, US Secretary of Transportation Mary Peters signalled her intention to continue her predecessor Norman Mineta's initiative to specifically target road congestion. And, with initiatives such as the US Department of Transportation's (USDOT's) Urban Partnership Program actively promoting tolling as a part of a compound solution to the problem, the way was opened for the co
  • Truck ban eases traffic congestion in Jakarta city
    April 20, 2012
    A pilot project which began last month and which saw trucks banned on toll roads in Jakarta city, Indonesia, has produced dramatic results. The ban helped to cut traffic congestion in the city by 40 per cent, while average speeds rose from 15-20 km/h before the ban to 60-80 km/h.
  • Kenya plans road toll tenders
    March 25, 2015
    Kenya plans to start tendering in May for toll-road contracts estimated by the government to be worth $2 billion to improve the efficiency of the East African nation’s biggest commercial routes, according to Bloomberg. The contracts will be in addition to the 45 deals worth about US$3.2 billion that the government will start awarding as early as next week, to double the nation’s paved-road network through an annuity program. The government is planning to introduce five toll projects covering about 800 kilom