The Danish government has shelved the plans for a road toll scheme for Copenhagen. The decision has been welcomed by opposition parties, and the government is now set increase funding for public transport so that ticket prices can be reduced.
May 18, 2012
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The 1035 Danish Government has shelved the plans for a road toll scheme for Copenhagen. The decision has been welcomed by opposition parties, and the government is now set increase funding for public transport so that ticket prices can be reduced.
The Swiss government has created a fund for street and urban transport works to help ease what it says will be a deficit of around €1.26 billion each year up to by 2030.
The fund will be created from a rise in road fuel tax from €0.27 to €0.33.
Added money will come from a tax on electric vehicles due to start in 2020 and which will raise around €84 million a year, rising to around €275 million.
The road maintenance fund also will receive around €366 million from taxes on imported cars and €320 mil
Discussions are in hand in Denmark over the proposed project to build a new bridge over Storstrøm that would link the islands of Zealand and Falster. While there is agreement that the bridge would prove beneficial to the islanders, the source of financing for the project has proved rather more troublesome for Denmark’s political parties. While the Danish Government is keen to source the €523 million needed from unused funds for the country’s railway network, a number of opposition parties want to finance th
Copenhagen’s municipal authorities are to tighten building contractors’ requirements to encourage them complete road repair works faster. Contractors in the Danish capital that exceed time limits will be fined, whereas contractors that finish work ahead of schedule will be rewarded. The new regulations will make it more expensive for the municipality to repair roads, but advocates say the move will pay off in the long run.
Francesco Micci discusses innovation in funding methods
All countries need an efficient and extended road transport system to sustain both the social development and the economic competitiveness. The latest trends show that the demand for road infrastructure is constantly growing, despite the negative impact of the financial and economic crisis on public and private financing. Global spending regarding road transport infrastructure actually accounts for roughly US$580 billion worldwide, and is projected
