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

  • ARTBA predicts US construction infrastructure growth
    December 3, 2012
    The American Road and Transportation Builders Association’s (ARTBA) annual forecast suggests that the US transportation construction infrastructure market will show modest growth in 2013. According to ARTBA’s forecast, this segment will increase 3% to US$130.5 billion in 2013. The association’s chief economist, Dr Alison Premo Black, said that growth is expected in highway and street pavements, private work for driveways and parking lots and also airport terminal and runway work. But ARTBA predicts the brid
    Read More
  • US road safety is a concern
    September 8, 2022
    US road safety is a growing concern.
    Read More
  • RAP extends road maintenance and construction budgets
    October 26, 2020
    As fuel tax revenue disappears in the pandemic, the city of Janesville, Wisconsin is seeing savings and performance benefits
    Read More
  • Fatalities increased on US roads during 2012
    July 5, 2013
    Cause for concern comes from the US where the National Highway Transportation Safety Agency (NHTSA) has revealed an increase in road fatalities during 2012. The NHTSA’s statistical projection of traffic fatalities suggests that 34,080 people died in vehicle traffic crashes in 2012, an increase of about 5.3% over the 32,367 killed in 2011.
    Read More

Highlighted Content