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

  • Zambia road funding from India
    May 31, 2017
    Funding from India will help pay for transport infrastructure development in Zambia. The financing package has been agreed between the Export-Import Bank of India (EXIM) and the Zambian Government.
  • US$1.5 billion bridge grant: Oregon-Washington link
    July 17, 2024
    A US$1.5 billion bridge grant is being provided for the new Oregon-Washington link.
  • New motorway tunnel connection for Turkey
    August 11, 2015
    Turkey’s Ilgaz Tunnel will help boost transportation and cut traffic delays between the capital Ankara and Kastamonu. The new tunnel should be open to traffic in April 2016 and will connect the Ankara and Kastamonu motorways. Measuring some 5.4km long, the tunnel features a twin tube layout. In all the project involves the construction of some 26.7km of roadways. When the new link is open, this willor educe travel time between Ankara and Kastamonu to 1.5 hours. The project is costing around US$205.5 million
  • ASECAP: Cooperation needed for better toll-road risk management
    May 31, 2017
    Toll operators must offer a level of service for which drivers are prepared to pay because in many cases, drivers have alternative free-use routes. Incentives to attract drivers onto toll roads must include shorter and reliable journey times as well smooth and trouble free travel – all at an affordable price. Private companies running toll roads face the same difficulties as any other commercial entity, in particular financing construction before any toll revenue can be collected. Hardly surprising that fin