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

  • Highways Agency’s 57 road improvements set to give £3bn boost to UK economy
    October 8, 2012
    The Highways Agency is to deliver 57 vital road improvements said to equate to a near US $ 4.83 billion (£3bn) boost to the UK economy. The $ 274.25 million (£170mn) investment is part of a $ 350.07 million (£217) million programme to remove bottlenecks and keep traffic moving on England’s motorways and major A roads. Many of the improvements will be delivered in 2013 and 2014, and they will all be completed by March 2015. The announcement brings the total number of schemes to receive investment from the Go
    Read More
  • India’s road to safety
    September 5, 2012
    India's growth rate is the envy of the world, and its infrastructure is rapidly improving, but its road safety record is the world's worst. Patrick Smith reports on a conference aimed at finding answers to the problems Ambling through the gardens and marble magnificence that is the Taj Mahal or gazing down on the city of Jaipur from the hilltop Jaigarh Fort is far removed from the world outside.
    Read More
  • Better road safety reduces Europe’s casualty figures
    October 2, 2014
    Improving road safety in the EU has resulted in a drop in the fatality rate. Official figures just released show that the number of people killed on Europe's roads fell by 8% in 2013. This follows on from the drop in fatalities of between 2011 and 2012 and Europe is on track to halve road deaths in the 2010-2020 period Figures released by the European Commission provide grounds for optimism and Antonio Avenoso, executive director of the European Transport Safety Council (ETSC) said, “We welcome the reductio
    Read More
  • Japanese funding will help Kenyan infrastructure projects
    May 15, 2014
    Major investment in Kenya’s infrastructure from Japan will help boost the country’s transport connections and develop its economy. One of the key links for Kenya to benefit has been the Nairobi Western Ring Roads Project, which was recently opened to traffic Named the Cotton Road after a Japanese engineer, this new road will help tackle the Kenyan capital’s endemic congestion problems. Endless traffic jams have become the norm in Nairobi, not only impacting negatively on the health and productivity of r
    Read More

Highlighted Content