Transportation

government funding for Intelligent Transportation systems development
The leading countries in intelligent transportation systems have not only developed an explicit national strategy for ITS, they have also invested heavily in it. South Korea’s National ITS Master Plan 21 commits to investing a total of $3.2 billion from 2007 to 2020 in intelligent transportation systems, an average of
$230 million annually over the fourteen-year period. Japan invested ¥64 billion in ITS from April, 2007 to March, 2008 and ¥63.1 billion in ITS from April, 2008 to March, 2009, on average about $690 million annu- ally.¹⁷⁵ Aggregate investment in ITS at all government levels in the United States in 2006 was approximately $1 billion (including $110 million in federal funding and over $850 million in funding from the U.S. states).¹⁷⁶ As a percentage of GDP, South Korea and Japan each invest more than twice as much in intelligent transpor- tation systems than the United States (Figure 13).¹⁷⁷


Viewing ITs as a multi-purpose platform and