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.
Finance & Funding Highway & Network Management

Related Content

  • Mega city transport in Mexico
    June 13, 2012
    Rapid urban growth is resulting in massive mega cities with major transport needs and Mexico City is one of the world’s largest – Mike Woof reports Mexico City is a vast, sprawling metropolis and one of the world’s largest cities, resulting in huge problems for its inhabitants, particularly with regard to infrastructure. Measuring population size is an inexact science for large cities as suburban areas can add to the figures considerably, especially in developing nations where unplanned expansion is as comm
    Read More
  • Nicaragua capital city road projects
    March 28, 2017
    Drivers in Nicaragua’s capital Managua look set to benefit from a series of road projects being planned. The work is intended to cut congestion at peak periods and smooth traffic flow. One of the major projects will be the upgrading of the Juan Pablo II motorway, with the addition of five new flyover sections. A loan worth US$105 million from the Central American Bank for Economic Integration (CABEI) plus another loan worth $136 million from the European Investment Bank (EIB) will help pay for the project.
    Read More
  • Vehicle scrappage scheme not really 'green'
    February 27, 2012
    In Europe, considerable political noise is being made over a new vehicle scrappage scheme that is said to be better for the environment.
    Read More
  • Studies of traffic flow highlight congestion centres
    June 29, 2012
    Research has revealed that traffic congestion in Belgium is worse than in other parts of Europe and North America. The ranking covers all North American and European countries. The study shows that Belgian capital Brussels and the Belgian city of Antwerp have severe congestion problems. Milan in northern Italy is the other European city suffering severe traffic congestion according to the research. In Brussels and Antwerp drivers face an average annual loss of 72 and 71 hours, respectively, in traffic jams.
    Read More

Highlighted Content