The costs associated with building and maintaining infrastructure like bridges, tunnels and roads can be substantial. Transit Tolling helps recover some of these costs, reducing the burden on public funds or taxes.
Charging tolls for passages through cities, tunnels, and bridges generates revenue that can be used to fund the construction, operation, maintenance, and improvement of the infrastructure. This revenue helps offset the costs associated with building and managing these essential transportation assets, ensuring they remain safe and functional.
Transit tolling adheres to the principle that those who use and benefit from specific infrastructure should contribute to its upkeep. This principle is seen as more equitable than relying solely on general tax revenue. Equally, social equity has to be considered. If transit tolling is implemented without careful planning, it has the potential to disproportionately affect lower-income individuals who use tolled infrastructure. Balancing the financial burden with considerations of social equity is important.
Transit tolls can help fund the expansion of transportation infrastructure to meet the growing needs of a population or a region. New bridges or tunnels may be needed to accommodate increased traffic.
Due to the progress and modernisation of electronic toll collection systems, Automatic Number Plate Recognition (ANPR) technology and smart transit solutions, transit tolling has become a viable choice for many urban areas and transportation authorities. Implementing transit tolling has become significantly more financially feasible for these authorities, as it can be seamlessly integrated into existing infrastructure.
Utilizing our extensive expertise and competence in the tolling sector, we have formulated a comprehensive set of solutions aimed at tackling congestion tolling. Our array of solutions encompass a variety of technologies that can be customised to precisely match the requirements of our clients.