Sunday 19 September 2021

Four Countries Show Interest In Investing In A Passenger Electric Train in Costa Rica

Paying the bills

Latest

Athleta women’s brand opened its first store outside North America in Costa Rica

QCOSTARICA - Gap Inc.'s Athleta brand announced the opening...

Carlos Alvarado: Vaccine retention ‘delays global solution and increases risk of new virus variables’

QCOSTARICA - Costa Rica President Carlos Alvarado showed his...

Top 8 Ways To Make Money in 2021

There are many legal ways to make money in...

Otto Guevara compares Daniel Salas with a dictator for sanitary measures

QCOSTARICA - The vehicle restriction of odds and evens...

Today’s Vehicle Restriction September 19: “EVEN” ending plates CANNOT circulate

QCOSTARICA - For today, September 19, vehicles with EVEN...

What are we celebrating?

QCOSTARICA - From the gallows humor department is the...
Paying the bills

Share

In the photo one of the modern urban trains (Apollo class) currently used in Costa Rica. Here we see it in operation in barrio La California, in San Jose. Photo Albert Marin, La Nacion

Q COSTA RICA – State entities from Spain, China, Switzerland and Italy are said to be interested in investing in an electric passenger train in Costa Rica.

The electric train would operate the routes currently covered by Costa Rica;s railway, the Instituto Costarricense de Ferrocarriles (Incofer).

- Advertisement -

The information was confirmed by Christian Vargas, the Incofer’s chief executive.

The official said he could not provide details of the interest or the type of alliance, waiting on the results of a pre-feasibility study.

According to Vargas, once the data from the study is released, possibly at the end of this month, the interested can then analyze and communicate their interest in the project.

The electric train service that the Incofer dreams of would cover 80 kilometres of track, would have lines in two directions, overpasses and new stations. The work is estimated at US$1.6 billion dollars.

According to the Incofer, in 2016 it moved some 4 million people on its routes between  San Jose (the central point) to and from Cartago, Heredia Centre, Alajuela, and Belen (Heredia).

In April last year, legislators approved a law strengthening the railway, a law that allows the institution to borrow up to 40% of its assets currently valued at more than US$1 billion.

- Advertisement -

According Vargas, the only way Incofer can get the electric train moving is a private/public alliance, or a partnership with a public entity from another country.

Source La nacion

- Advertisement -
Paying the bills
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Pay for the train with a card? It is now possible on the Cartago-San José route

RICO's DIGEST - This Monday, the incompetent and inefficient railway service,...

Passengers only cover 25% of Incofer train costs

QCOSTARICA - While President Carlos Alvarado promotes the electric train project...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.