PRIVATIZATION'S FUTURE--ROAD UTILITIES

During the next decade, we may well see the incorporation of urban and interurban road systems as companies. All is in place to establish self-financing road utilities, just as we have self-financing water utilities. Road use can be charged electronically without slowing vehicles down and creating the congestion that road pricing is supposed to help manage. Toll rings around cities as they exist in Singapore or several Norwegian cities make full user-fee funding of urban road networks possible. Peak-load pricing can help manage traffic flow better, while ensuring that revenues meet all costs of road maintenance and future expansion. Various experiments with congestion pricing have demonstrated practical feasibility and indicated that traffic during peak periods can be reduced significantly. Moves toward incorporating road systems are underway in New Zealand and Sweden as well as several African countries. Politics will determine what ultimately happens.

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  • Corporate Authors:

    Public Works Financing

    147 Elmer Street
    Westfield, NJ  United States  07090-2433
  • Authors:
    • Klein, M
  • Publication Date: 1999-12

Language

  • English

Media Info

  • Pagination: p. 22
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00781839
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jan 29 2000 12:00AM