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

  • Liebherr’s record results for 2023
    April 4, 2024
    Liebherr claims record results for 2023.
    Read More
  • Moscow to turn from implementation of Fourth Ring Road project
    January 5, 2016
    The Moscow City Government plans to complete building of the North-East and North-West Chords, two of the biggest road building projects in the city for the last 15 years The links will be completed during the next several months, according to an official spokesman of the Moscow Government. Both roads are considered as a cheaper alternative to the Fourth Ring Road, the construction of which was considered by the Moscow Government several years ago. However due to huge costs, which are estimated at mo
    Read More
  • Tackling congestion – with tough decisions
    July 8, 2016
    As editor of World Highways, information is provided on a great deal of revolutionary new traffic technology. Some of these new innovations offer major advantages in cutting congestion; smart systems that can regulate traffic flow or reduce risks for commuters. But it is worth remembering too that some of the solutions to urban transportation, as well as cutting urban pollution, have been around for a very long time. The humble bicycle is a highly efficient machine for transportation over comparatively shor
    Read More
  • Israel interchange
    March 20, 2012
    A new US$350 million road project by the Israel National Roads Company will boost connectivity from the north to the centre of the country. The project is seeing the opening of new interchanges and roads in western Galilee.
    Read More

Highlighted Content