Urban Transport

The 1996 Transport Policy calls, inter alia, for the following measures: - Improvements to parking facilities at railway and bus stations, park and ride opportunities. - More attractive fee structure to attract ridership. - Re-examination of state and local government authority over public transport. - Renovation of bridges across the Danube and increased river-crossing capacity. To help the Budapest Transport Company (BKV), discussions on credit opportunities have begun, and in 1995 investments from the World Bank and the EBRD were accorded to improve the tram, bus and metro systems. Renovation of the vehicle fleet has also been undertaken, including purchases of new buses and reconstruction of bus engines. Tariffs have been significantly raised over the past five years as subsidy support has been reduced. Further increases in tariffs are envisaged over the coming years as BKV aimed to attain a 50% cost recovery requirement by 2000 that was imposed in the international loan conditions.
Moreover, the related documents about this policy are: the National Transport Infrastructure Development Strategy and the III. Hungarian Energy Efficiency Action Plan.

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