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

  • New safety barrier solutions protect road users
    February 21, 2012
    Novel safety barrier solutions are coming to market, writes Mike Woof The safety barrier market is a focus for innovative products designed to meet a range of different applications. The diverse range of vehicle types on the road poses numerous technical challenges to barrier manufacturers. At the same time, different applications such as motorcycle safety, end treatments, bridge barriers and roadside obstacle protection require novel solutions. Although motorcycles account for only a small proportion of ve
    Read More
  • Safety barriers improve highway safety
    July 3, 2012
    Highway safety could yet improve using available technology more widely Safety barriers still offer huge opportunities to improve accident statistics worldwide. There is a wide array of products on the market to suit all types of installation and with a diverse range of solutions for each application. Highway authorities have been installing barriers for many years now and the technology continues to improve, however an analysis of accident statistics shows that barriers offer further potential. Details fr
    Read More
  • Newark Bay Bridge upgrade approved
    March 31, 2025
    Approval given for the Newark Bay Bridge upgrade.
    Read More
  • Changing face of global construction industry
    February 28, 2012
    David CA Phillips reports on the changing structure of the global construction equipment industry. In 2007, the year of peak historical demand and before the onset of the international financial crisis, estimated total sales of key equipment types stood at just over 1,000,000 units, valued at approximately US$100 billion. By 2009 sales had fallen to around 600,000 units valued at around $65 billion. The consequences of the global financial recession were dramatic and immediate, and remain with us today, and
    Read More

Highlighted Content