Congestion charge proposed for Budapest

The Mayor of Budapest, Istvan Tarlos, has announced that he is planning to introduce congestion charges in the Hungarian capital. The extra funds raised through the measure would be spent on the improvement of public transport services and on providing financial support for the city's public transport firm BKV.
May 18, 2012 Read time: 1 min
RSSThe Mayor of Budapest, Istvan Tarlos, has announced that he is planning to introduce congestion charges in the Hungarian capital. The extra funds raised through the measure would be spent on the improvement of public transport services and on providing financial support for the city's public transport firm 5624 BKV.

According to Tarlos, construction works of the first stretch of Budapest's Metro 4 underground line will need to be completed prior to the introduction of the congestion charge. Moreover, new park-and-ride (P+R) car parks will need to be opened, the number 1 and 3 tram lines will need to be extended and the city's parking system will need to be unified.
Charging, Tolling & RUC

For more information on companies in this article

BKV

Related Content

  • Marseille Metro invests in video surveillance
    August 12, 2014
    Australian video surveillance specialist DTI Group, with its French partner, Cibest, is to supply Santerne with 36 advanced video surveillance systems for the Marseille Metro. Santerne, a member of the Vinci group, is the leader of the consortium which holds the head contract with the Regie des Transports de Marseille (RTM), the operator of the Marseille Metro. The RTM operates 36 four-car trains on two metro lines as well as 578 buses and 26 trams. Over 500,000 journeys are taken on the RTM network ea
    Read More
  • Rating agency Standard and Poor Tolling sees a bright future for tolling
    September 6, 2017
    Few disruptions appear on the horizon for global toll road operators, with the US poised to become a better bet for major investment, according to ratings agency Standard and Poor’s (S&P’s) Global Ratings’ 2017 report, which rates toll road operators according to their ability to raise capital. The outlook is generally stable for business conditions and credit quality for toll roads worldwide. One positive exception is the US where the overall outlook is ‘positive’ as S&P expects traffic growth to increase
    Read More
  • Connecticut mulls toll roads
    May 17, 2012
    In a bid to narrow the state's budget gap, lawmakers in Connecticut are considering the reintroduction of toll roads. The state is facing a budget shortfall of US$3.5 billion – around 18 per cent of its total spending, and the proposal would see the introduction of electronic tolls around the state's entry points. According to a Cambridge Systematics study, annual toll revenue could reach $600 million with a fee of $5 to cross tolling points. It is thought that the move may be accompanied by a gas tax reduc
    Read More
  • Xerox makes transportation simple
    May 16, 2012
    To many, Xerox is nothing more than the ‘copy company’. For those who know better, they are now the largest provider of transportation services to governments around the world. Xerox is appearing in all sorts of unexpected places after their acquisition of Affiliated Computer Services (ACS) in 2010 and dropping the ACS name earlier this year. To help establish the company as a key player in the intelligent transportation world, Xerox chairman and CEO Ursula Burns will be the featured speaker at the 2012 ITS
    Read More

Highlighted Content