Hungary is to introduce an electronic toll system by July 1, 2013 at the latest, a government resolution published on Thursday show.
The resolution contains details of the planned toll system which was part of the Széll Kálmán Plan 2.0, an updated version of Hungary's structural reform program unveiled at the end of April.
The size of tolls in the new system will be determined by distance travelled. The system at present uses vignettes valid for time increments. Discounts up to 13% for frequent travel will be available from six months after the launch of the system.
The e-toll system will be mandatory for vehicles over 3.5 tons, but passenger vehicles and buses may join voluntarily starting six months after its introduction.
Accelerated public procurement procedures to set up the system will be called in the first half of 2012. The State Motorway Management Company (AAK), the collector of the tolls, will take out a loan to pay for equipment for the system.
The resolution mandates the national development minister and the national economy minister to take immediate measures with a view to the provision of the funds and commitments worth HUF 214.5 billion necessary for the procurement of the electronic toll system and the financing of the service for 10 years.
The cost of the investment is expected to be recouped within a few years. The e-toll system is expected to generate an additional HUF 150 billion of revenue a year, including HUF 75 billion in 2013.