CBE: Egyptian pound closes high vs dollar on Tuesday    Egypt sticks to reform path, aims for 4.5% growth despite regional turmoil: Al-Mashat    EGX closes all red on June 17    Egypt issues nearly 20 million digital treatment approvals as health insurance digitalisation accelerates    Pakistan FM warns against fake news, details Iran-Israel de-escalation role    Russia seeks mediator role in Mideast, balancing Iran and Israel ties    LTRA, Rehla Rides forge public–private partnership for smart transport    Egyptian government reviews ICON's development plan for 7 state-owned hotels    Divisions on show as G7 tackles Israel-Iran, Russia-Ukraine wars    Egyptian government, Elsewedy discuss expanding cooperation in petroleum, mining sectors    Electricity Minister discusses enhanced energy cooperation with EIB, EU delegations    EHA, Konecta explore strategic partnership in digital transformation, smart healthcare    Sisi launches new support initiative for families of war, terrorism victims    Egypt's GAH, Spain's Konecta discuss digital health partnership    Egypt nuclear authority: No radiation rise amid regional unrest    Grand Egyptian Museum opening delayed to Q4    Egypt delays Grand Museum opening to Q4 amid regional tensions    Egypt slams Israeli strike on Iran, warns of regional chaos    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's EDA joins high-level Africa-Europe medicines regulatory talks    US Senate clears over $3b in arms sales to Qatar, UAE    Egypt discusses urgent population, development plan with WB    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Egypt, Serbia explore cultural cooperation in heritage, tourism    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Cairo Traffic Costs Egypt EGP47 Bln a Year: World Bank
Published in Amwal Al Ghad on 07 - 06 - 2014

Cairo's notorious traffic costs Egypt LE47 billion ($8 billion) every year, or 3.6 percent of its GDP, according to a recently released World Bank study.
The study covers the Greater Cairo Metropolitan Area (GCMA), home to 19.6 million inhabitants, which includes parts of Giza and Qalioubiya, as well as the new cities of New Cairo, 6 October, 15 May, 10 Ramadan, El-Obour, and Badr city.
The cost of Cairo traffic is expected to more than double to LE105 billion by 2030, and includes the value of wasted time (50 percent), delay costs (31 percent) and health costs (19 percent).
The relative cost of Cairo traffic to Egypt's GDP is high compared to the cost of New York traffic, which represents a negligible 0.07 percent of the United States' GDP, and Jakarta, where traffic causes the loss of 0.6 percent of Indonesia's GDP.
"Poor traffic management" is the primary cause of congestion according to the study, which cites "limited parking capacity, few traffic signals, random stops by cars and minivans, no proper pedestrian crossings and U-turns."
The prevalence of passenger cars -- 55 percent of Cairo vehicles according to the survey -- is also to blame for the traffic. The report cites the relative ease of owning and operating a private car in the city.
"There are no on-street parking charges, no tolls on most major corridors, and gasoline and diesel are heavily subsidised in Egypt (up to 50%)," adds the report. There are also "no incentives for people to rationalise their travel or carpool," it states.
At peak times, Cairo's 6 October bridge and ring road at Carrefour supermarket in Maadi witness 7,000 vehicles per hour per lane per direction, says the study.
But Cairo's problem is that "traffic conditions are congested for most of the day," rather than just during rush-hours.
Cairo is also under-supplied with public transport, compared to similar large cities around the world.
The Egyptian capital has only 4km of metro line per million inhabitants, compared to 166km in London and 12km in Mexico City, and only 231 full-sized buses per million inhabitants, compared to 753 in London and 362 in Mexico City.
The report recommends authorities start with "corridor management schemes" such as traffic lights and regulated on-street parking, designating one agency to take charge of traffic rather than several as is currently the case, introducing traffic-related charges such as on-street parking fees, gradually removing the fuel subsidies and re-investing savings into improving public transportation, and reviewing the prices of public transport to improve service.
Source: Ahram Online


Clic here to read the story from its source.