RSSThe European Association of Operators of Toll Road Infrastructures (486 ASECAP) and the International Bridge, Tunnel and Turnpike Association (63 IBTTA), the worldwide association for the owners and operators of toll facilities and the businesses that serve them have signed an international joint tolling declaration designed to support a wider application of tolling policies throughout Europe and North America.
The joint declaration calls for an increase in advocacy and application of tolling policies to support infrastructure funding throughout the globe. ASECAP and IBTTA think that a wider application of tolling policies, based on the user pays principle, will be highly beneficial for governments – especially those that face severe economic pressure and may not have enough funds either to support new infrastructure or improve existing ones – and the users, who can immediately see the benefits they receive for the fees they pay on the road infrastructure they use.
According to ASECAP president and ASFINAG CFO Klaus Schierhackl, “The proper application of tolling systems allows us to ensure the quality of our networks. It enables us to offer the high levels of service that our customers and society as a whole expect from us. Bearing in mind the huge investment needs in Europe and North America, the time is right to unlock the full potential of the well-established cooperation between ASECAP and IBTTA: traffic fluidity, safety and sustainable mobility by and large need to be financed as efficiently and equitably as possible.”
“With growing budget shortfalls and increasing transportation infrastructure needs across the world, tolling is quickly becoming a powerful tool to fill the transportation infrastructure funding gap,” said Robert Horr, President of IBTTA and Executive Director of the Thousand Islands Bridge Authority in New York. “This joint agreement demonstrates the strong bond among toll facility owners and operators across two continents committed to articulating and advancing the benefits of tolling. We look forward to working together to support a proven, reliable method of transportation funding and to strengthening the road infrastructure around the world.”
The joint declaration calls for an increase in advocacy and application of tolling policies to support infrastructure funding throughout the globe. ASECAP and IBTTA think that a wider application of tolling policies, based on the user pays principle, will be highly beneficial for governments – especially those that face severe economic pressure and may not have enough funds either to support new infrastructure or improve existing ones – and the users, who can immediately see the benefits they receive for the fees they pay on the road infrastructure they use.
According to ASECAP president and ASFINAG CFO Klaus Schierhackl, “The proper application of tolling systems allows us to ensure the quality of our networks. It enables us to offer the high levels of service that our customers and society as a whole expect from us. Bearing in mind the huge investment needs in Europe and North America, the time is right to unlock the full potential of the well-established cooperation between ASECAP and IBTTA: traffic fluidity, safety and sustainable mobility by and large need to be financed as efficiently and equitably as possible.”
“With growing budget shortfalls and increasing transportation infrastructure needs across the world, tolling is quickly becoming a powerful tool to fill the transportation infrastructure funding gap,” said Robert Horr, President of IBTTA and Executive Director of the Thousand Islands Bridge Authority in New York. “This joint agreement demonstrates the strong bond among toll facility owners and operators across two continents committed to articulating and advancing the benefits of tolling. We look forward to working together to support a proven, reliable method of transportation funding and to strengthening the road infrastructure around the world.”
