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 road tender opening
    October 25, 2019
    The tender process is opening in Israel for work to widen the Ayalon Highway in Tel Aviv. The project involves widening the route by adding a lane in either direction. Two new bridges will also be built as part of the project, which is expected to be worth some US$124 million. The first phase of the widening work to the Ayalon Highway is already underway, having commenced in July 2019 and construction of the second phase will start shortly. This new tender process is for the third phase of the highway widen
    Read More
  • Panama City’s Tumba Muerto-Via Israel road upgrade to end in December 2013
    September 24, 2013
    The US$396 million upgrade of the Tumba Muerto-Via Israel road in Panama City, including four flyovers and four tunnels to alleviate traffic jams, is expected to be completed by the end of December 2013. More than 630,000 drivers will benefit directly when section one of the scheme, costing $216 million, is inaugurated in 15 days. Section two, which is 80% complete, requires a $180 million investment and will benefit 250,000 drivers. It is expected to open at the end of October 2013. Meanwhile, minist
    Read More
  • Boom in Asian infrastructure investment
    April 5, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • Concern over poor US road safety
    September 20, 2021
    There is growing concern over poor US road safety.
    Read More

Highlighted Content