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 & Road Pricing

For more information on companies in this article

BKV

Related Content

April 18, 2012

Key Russian PPP project

The Northern Capital Highway (NCH) consortium has been named the preferred bidder in the tender for the central section of St Petersburg’s Western High-Speed Diameter (WHSD) project. Should NCH win the tender process it will build and then operate the entire stretch of the toll road. The consortium comprises VTB Capital and Gazprombank from Russia in partnership with Italian company Astaldi and Turkish firm Ictas Insaat.
April 17, 2012

Germany eyes national car tolls

Germany's conservative CSU party has said that it will issue a draft bill on a new road toll for cars in autumn 2011. It says that even if car taxes were lowered, extending the national tolling system from trucks to cars, would raise billions of euros over the next few years. However, Chancellor Angela Merkel is on record as saying that no tolls for cars will be introduced during the current legislative period.
boombox1

Highlighted Content

boombox2