Iceland’s government considers introducing road toll

Minister of Transport Jón Gunnarsson has stated that if an agreement can be reached in Parliament this fall, it would be possible to begin the projects as early as next year. The Ministry has estimated that the projects will cost ISK 100 billion. The Minister pointed out that the government’s budget plan assumes ISK 10 billion (EUR 83.6 million) for new projects annually. The cost of constructing roads from the capital region is greater than the funds available in the State Treasury, so the government has no choice but to come up with new ways to raise the capital. Jón explained that the vast number of tourists using the roads in Iceland could also help in building up the infrastructure. “We need to reach these one-time travellers, which tourists are, to help us as much as possible with this construction,” he stated. Iceland Review



Register newsletter

Get to know about Nordic Chamber, our press releases and all news, straight to your inbox.