Skip to main content

Hungary may introduce Budapest congestion charge

Hungary is considering introducing a congestion charge scheme to capital Budapest at the end of 2016. The aim of the scheme is to cut congestion in the city, with traffic jams and delays frequent particularly in the historic centre. The scheme will also help generate revenue that will pay back EU funding worth some €565.2 million, which was used to pay for the construction of the M4 underground line in the city.
January 16, 2015 Read time: 1 min
Hungary is considering introducing a congestion charge scheme to capital Budapest at the end of 2016. The aim of the scheme is to cut congestion in the city, with traffic jams and delays frequent particularly in the historic centre. The scheme will also help generate revenue that will pay back EU funding worth some €565.2 million, which was used to pay for the construction of the M4 underground line in the city.

Related Content

  • Hanoi to reduce traffic jams with US $ 96.02mn investment
    September 13, 2012
    The municipal government of Hanoi is to invest US $ 96.02 million to reduce traffic jams in 27 locations in the Vietnamese capital. Between 2012 and 2015, the government will build more parking lots and multi-story car parks in the city as well as eight new overpasses. Bus stations will be relocated from the city centre. Construction of arterial roads including Cat Linh-La Thanh-Thai Ha-Lang and Van Cao-Ho Tay will be quickened.
  • Taiwan bridge link project moving ahead
    February 23, 2017
    Construction of the Kinmen Bridge in Taiwan has now been resumed, with work having restarted on the project in late 2016. The bridge will be 5.4km long in all and will have a 1.05km long main section, connecting the islands of Greater Kinmen and Little Kinmen (also known as Lieyu). The project includes building approach roads for the bridge as well as cuttings and connecting ramps. Costing US$292 million and with funding being provided jointly by Taiwan’s Government and the local authorities, the bridge is
  • Export focus for XCMG, with Latin America as key territory
    November 13, 2014
    Exports are crucial to XCMG’s growth and its aim to becoming a dominant player in the worldwide construction machinery market – Mike Woof writes One of China’s biggest construction equipment manufacturers, XCMG has a high profile, and particularly in the country’s home market. XCMG is a leader in key equipment categories such as concrete pumping and lifting technologies. The firm’s 4,000tonne crawler crane introduced two years ago has already proven its worth in a massive industrial construction appl
  • Export focus for XCMG, with Latin America as key territory
    January 6, 2017
    Exports are crucial to XCMG’s growth and its aim to becoming a dominant player in the worldwide construction machinery market – Mike Woof writes One of China’s biggest construction equipment manufacturers, XCMG has a high profile, and particularly in the country’s home market. XCMG is a leader in key equipment categories such as concrete pumping and lifting technologies. The firm’s 4,000tonne crawler crane introduced two years ago has already proven its worth in a massive industrial construction appl