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

  • Nepal plans road infrastructure expansion
    March 12, 2014
    Major road expansion is planned for Nepal, but will face huge challenges due to the country’s geography - Mike Woof reports, with local information from World Highways' Nepal correspondent, Ram Krishna Wagle The tiny, landlocked nation of Nepal lies sandwiched between two of the world’s largest countries, China and India and maintains good relations with both. Politically Nepal has strong links with China, while culturally its ties are close with India and these relationships work both ways. Despite bein
    Read More
  • Russia seeks outside investment in road building
    November 6, 2012
    The Russian road building industry is on the verge of big changes as it bids to improve quality and speed of construction says Eugene Gerden The Russian road building industry is on the verge of big changes as the national government considers creating conditions to attract foreign companies to build roads in the country. According to a recent order of President Vladimir Putin, due to poor quality and high cost of road construction, there is a need for the development of a mechanism to attract foreign compa
    Read More
  • Risk warnings for UK revealed with new data
    May 9, 2013
    New data from the UK reveals key information about road risk factors both across the country and in capital London. A new report reveals that around 68% of pedestrian casualties are adults who are at greatest risk on weekend evenings and after consuming alcohol. Meanwhile another separate study in London reveals that cyclists are not at fault in most crashes in which they are involved.
    Read More
  • Conference highlights Mexico's highway investment
    February 27, 2012
    At the recent PIARC World Road Conference in Mexico City the country’s president, Felipe Calderon, made a keynote opening address. Calderon emphasised that infrastructure investment and expansion forms a crucial component in the country’s future economy and as such, has been a priority for his administration. Calderon took office in 2006 and by the end of this year Mexico will have built or rebuilt some 19,000km of roads and highways in the country. Due to its proximity to the US, Mexico is highly dependen
    Read More

Highlighted Content