Congestion costs Israel's economy

Traffic jams in Israel cost the country's economy US$5.57 billion/year, according to official estimates.
February 28, 2012 Read time: 1 min
Traffic jams in Israel cost the country's economy US$5.57 billion/year, according to official estimates. Tel Aviv's congestion is particularly bad and the authorities predict that by 2015, vehicles in the city may have average speeds of just 7km/h. However around 27% of the financial impact to Israel's economy is due to congestion in the Sharon area, with 18% attributed to Tel Aviv.

A further 23% of the economic impact relates to traffic problems in the suburbs of Bat Yam, Holon and Rishon Letzion. The data shows that Israel's roads are used predominantly by passenger cars at some 79% of the country's 2.5 million motor vehicles. The data has been released by the 3324 Israel Ministry of Finance.
Highway & Network Management

For more information on companies in this article

Related Content

  • Israel's latest road tender
    February 28, 2012
    The first of a series of new road tenders has been announced in Israel with a deal for the widening of Road 75.
    Read More
  • Digital cameras and VMS improve London and Scottish road safety
    March 18, 2016
    London and Scotland are using VMS and digital cameras to successfully lower road deaths. Road safety measures such as variable message signs (VMS) and digital cameras have boosted road safety in the UK capital London and also in the Scottish Highlands. And the systems need not be a drain on electricity supplies. Full matrix driver information signs from SWARCO Traffic, one of the UK’s leading traffic management technology providers, are being installed for the first time across the Transport for London (TfL
    Read More
  • Colombia’s infrastructure development
    December 2, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
    Read More
  • ALARM Survey: UK maintenance backlog continues despite funding boost
    March 23, 2016
    Highways departments in England and Wales have yet to feel the benefit of the UK government’s commitment to spend €7.6 billion (£6 billion) on local road maintenance between 2015 and 2021. In fact, overall road budgets have dropped by 16%, according to the annual Local Authority Road Maintenance (ALARM) survey of highway bosses in England and Wales, conducted by the Asphalt Industry Alliance. This is reflected in the increase in average budget shortfalls – the difference between the money needed to ma
    Read More

Highlighted Content