Gov’t completed study on financial feasibility of toll roads in Jordan

highway
(File photo: Jordan News)
AMMAN — The government confirmed that during the first half of the current year, it prepared an economic feasibility study to examine a proposed implementation of a toll road system on some specific roads.اضافة اعلان

According to a report on the progress of the implementation program for the economic modernization vision during the first half of the current year, steering and technical committees were formed for the toll road system project, and financial allocations were provided by the Ministry of Investment, Al-Mamlaka News reported.

It added that the work is currently ongoing to prepare and review legislation documents for the toll road system policy.

A World Bank report issued in 2019 suggested that the government is working on the development of 14 vital main roads, 12 of which are expressways and two are ring roads, with a total length of 1,379 kilometers, constituting 18 percent of Jordan's total road network. The goal is to integrate them into a financially sustainable project by imposing charges on users.

Financial sustainability
Concurrently with the launch of this initiative, the World Bank is still studying the financing of a proposed project by the government titled "Sustainable Financing for Roads through Imposing Charges on Users." The study is still in the project design stage.

According to the proposal, the indicative value for project financing could reach $225 million in a project that aims to "enhance the performance of Jordan's road network and its financial sustainability by attracting private sector investments."

The report, proposed a uniform toll for traffic on Jordan's expressways at a rate of JD0.011/km for cars and JD0.022/km for trucks.

The long-term National Transport Strategy, issued in 2014, also suggested imposing charges on Jordan's expressways, initially focusing on freight transport in the medium term (2024), which would result in generating revenues for maintenance and road improvement.

In the second second-stage the strategy proposed expanding the toll system to include private vehicles as well by 2030.


Read more National news
Jordan News