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

  • Leaks hit Czech Blanka Tunnel and boost costs
    July 26, 2013
    Further problems have hit the Blanka Tunnel in Czech capital Prague. The link has been hit by a series of delays and is now suffering from leaks. The project is costing €1.43 billion and is due to open in May 2014. The company building the tunnel Metrostav, has stated that the leaks are likely to be temporary and should be dealt with by the time the link opens to traffic, when it will become part of the Prague ring road. Construction work started on the tunnel in 2007 but the project has faced a series of p
    Read More
  • Norway’s record breaking undersea road tunnel
    February 25, 2015
    The world's deepest road tunnel is currently in construction near Stavanger in Norway but is only the prelude to even larger projects - report and photographs by Adrian Greeman. Norway's convoluted coastline of fjords and high mountains is famously scenic but also a major problem for transport and connections. The country has long experience of constructing tunnels as a result. Now a series of tunnels underway, or in design, around the oil industry city of Stavanger will stretch its skills more than usual.
    Read More
  • Bridge of international accord from Russia-China
    May 29, 2018
    A new bridge project joining China and Russia is a sign of international accord between the two nations – Mike Woof writes A new bridge spanning what China calls the Heilongjiang River and which is known as the Amur River in Russia, is a clear sign of an important international accord between the two countries. Discussions over the bridge project were first started between China and Russia in the 1980s, with both nations seeing many changes in leadership since that time. But while the political discussion
    Read More
  • Road safety challenge for Europe
    December 3, 2012
    Europe’s road safety drive is highlighting key issues - Mike Woof reports In Europe there is a growing understanding that alcohol use amongst drivers still has to be tackled effectively. Accident data reveals that safety standards are improving across most European countries, with steady reductions in numbers of serious injuries and fatalities. But there remains a problem with alcohol use amongst many drivers and it is amongst this group that accident levels have not fallen. In Spain in particular, there ha
    Read More

Highlighted Content