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The agreement with Torah Judaism heralds: congestion tax - the end - voila! Real estate

2022-12-22T18:06:45.504Z


Section 92 of the coalition agreement signed with Torah Judaism cancels the new congestion tax, which was expected to bring, in addition to reducing congestion, about a billion shekels per year in revenue for the state


Section 92: "The congestion tax will be abolished" (Photo: screenshot, the coalition agreement signed with Torah Judaism)

The new congestion tax, which was expected to enter into force in March 2025, will be abolished.

This is apparent from Article 92 of the coalition agreement signed today (Thursday) by Prime Minister-designate Binyamin Netanyahu with Torah Judaism.



The new tax was expected to enter into force in March 2025, and bring, in addition to reducing the burden, about one billion shekels in revenue per year for the state.

At the moment it was canceled and we were left with the traffic jams.



According to the plan, the Gush Dan area was supposed to be divided into three rings - inner, middle and outer that would serve as different payment areas.

The toll, as in the fast lane today, will be affected by rush hours.



The maximum payment per day for a private car was supposed to be NIS 37.5.

According to what is stipulated for traveling towards the inner ring, between the hours of 6:30 and 10:00 a fee of NIS 5 will be charged for traveling to the outer ring, NIS 10 to the middle ring and an additional NIS 10 to the inner ring.

Ayalon: The congestion tax was canceled and they were stuck with the traffic jams (photo: official website, Ofir Shmariahu)

Meanwhile, the tender of Ayalon Routes "for the planning, procurement, construction, operation and maintenance of the congestion tax project" was published.



There are quite a few companies in the world that are experimenting in the field of toll roads, including the installation of all the necessary electronic equipment: from the cameras that will recognize the license plates of the vehicles that enter the toll zone, to the calculation of the amount of tax to the sending of the payment notices on behalf of the tax authority.

As I recall, two companies are already active on Route 6, including on the expressway.



The tender itself is valued at hundreds of millions, and according to the tender documents, the concessionaire is committed to an operating period of 12 years, along with an option for 2 additional periods of 3 years.

Also, as part of the tender conditions, it was determined that the winning bidder will receive a construction grant in the amount of NIS 150 million.

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Ayalon Routes' tender "for the planning, procurement, construction, operation and maintenance of a congestion tax project" (Photo: screenshot, Ayalon Routes)

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Source: walla

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