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Parking charges contributes €100 million to the Exchequer every year
Parking is a big money-maker for local authorities who make €115 million on paid parking.
REVENUE MADE By car parking charges contributes €115 million to local authorities in Ireland, with private car parks making €80 million per year.
A new survey launched at the European Parking Congress in Dublin shows that the car parking industry is worth €360 million and employs 1,500 people in Ireland.
Revenue
The car parking industry generates in excess of €100 million to the Exchequer each year, the survey finds.
In Ireland it is believed there is a total of 353,156 car parking spaces – 268,897 off-street car parking and 84,259 on-street spaces.
In Ireland, parking is a big money-maker to both local government and private industry.
The breakdown in revenue from the various sectors is as follows:
• Local Authorities - €115 million
• Private Car Parks - €80 million
• Transport Hubs - €70 million
• Shopping Centres – €50 million
• Hotels & Hospitals - €25 million
Across all of Europe, car parking fees generated €30 billion, with 570,000 people employed directly in the parking business. There is 47 million car parking spaces for all of Europe.
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