Entrepreneur Builds Successful Private Toll Road


Here is a great story about private industry succeeding where government fails:

After a portion of a major thoroughfare in England was damaged by a landslide in February and the local government told residents that it couldn't be fixed until December, a local businessman and entrepreneur created Britain's first toll road in 100 years.

The closed road, a section of the A431 roadway between Bath and Bristol, has made life challenging and resulted in increase fuel cost and travel time.

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That's where Mike Watts stepped in. He created this new toll road, which costs drivers £2. And with that payment, drivers can use the more convenient, less time consuming road.

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According to The Telegraph, the route cost £150,000 to build and cost about £150,000 for maintenance whereas the previous road's landslide repair will cost the Bath and North East Somerset Council £1.5 million.

Watts said that his new route has saved him time and gas money: "Our fuel bill went from £25 per week to £60 pounds per week, the pollution and frustration were incredible. It was 14 miles extra but up to an hour and 15 minutes more each way."

He said that approximately 1,250 cars use his road every day, and not surprisingly the Bath and North East Somerset Council are discouraging residents from using this convenient route.

Seems to be some very happy customers in England.

Source

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