Norway’s possible US$1.72bn annual cash from road tolls

The revenue generating potential of road tolls in Norway is worth US$1.72 billion (NOK 10bn) a year, according to National Public Roads Administration (Vegdirektoratet). The estimate, following a review by Vegdirektoratet for the 2014-2023 National Transport Plan (NTP) launched by the Norwegian government, is up significantly on the $1.03 billion (NOK 6bn) revenues estimated in the current NTP. According to the Administration, contributing factors to the rise in toll potential include increasing interest in
May 22, 2013 Read time: 1 min
The revenue generating potential of road tolls in Norway is worth US$1.72 billion (NOK 10bn) a year, according to National Public Roads Administration (Vegdirektoratet).

The estimate, following a review by Vegdirektoratet for the 2014-2023 National Transport Plan (NTP) launched by the Norwegian government, is up significantly on the $1.03 billion (NOK 6bn) revenues estimated in the current NTP. According to the Administration, contributing factors to the rise in toll potential include increasing interest in road toll projects and a general acceptance of higher tolls.

Related Content

  • ASECAP: Cooperation needed for better toll-road risk management
    May 31, 2017
    Toll operators must offer a level of service for which drivers are prepared to pay because in many cases, drivers have alternative free-use routes. Incentives to attract drivers onto toll roads must include shorter and reliable journey times as well smooth and trouble free travel – all at an affordable price. Private companies running toll roads face the same difficulties as any other commercial entity, in particular financing construction before any toll revenue can be collected. Hardly surprising that fin
    Read More
  • ASECAP: Cooperation needed for better toll-road risk management
    May 31, 2017
    Toll operators must offer a level of service for which drivers are prepared to pay because in many cases, drivers have alternative free-use routes. Incentives to attract drivers onto toll roads must include shorter and reliable journey times as well smooth and trouble free travel – all at an affordable price. Private companies running toll roads face the same difficulties as any other commercial entity, in particular financing construction before any toll revenue can be collected. Hardly surprising that fin
    Read More
  • ASECAP: Cooperation needed for better toll-road risk management
    May 31, 2017
    Toll operators must offer a level of service for which drivers are prepared to pay because in many cases, drivers have alternative free-use routes. Incentives to attract drivers onto toll roads must include shorter and reliable journey times as well smooth and trouble free travel – all at an affordable price. Private companies running toll roads face the same difficulties as any other commercial entity, in particular financing construction before any toll revenue can be collected. Hardly surprising that fin
    Read More
  • US state of Ohio investigates road fund alternatives
    June 15, 2012
    The authorities in the US state of Ohio continue to investigate new methods of generating revenue for highway investment. The state is facing a funding shortfall of up to US$1.6 billion on its highway maintenance and expansion plans to meet traffic volume needs. As a result, the Ohio Department of Transportation (ODOT) is moving forward with a plan to explore the commercial development of certain state-owned rest areas. The state is pursuing the conversion to service plazas of five of the state’s 59 non-int
    Read More

Highlighted Content