Friday 26 April 2024

Government Proposes Hike in Tolls To Finance Trains

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The commuter train currently in service in the Grreater Metropolitan Area of San Jose
The commuter train currently in service in the Grreater Metropolitan Area of San Jose

QCOSTARICA – From ¢75* to ¢300 colones the government proposes to increase the toll rates, revenue that would be used to finance the electric train.

The ¢225 increase in tolls would be used exclusively by the Instituto Costarricense de Ferrocarriles (Incofer) – national railway – while the balance for the repair and improvements on the highways it is charged.

The proposal affects tolls such as on the autopista General Cañas (near the airport) and the Florencio del Castillo (road to Cartago). It  does not affect the Ruta 27 tolls, being a concession road managed by Globavia.

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The deputy minister of the Presidency, Luis Paulino Mora, said that is one the viable options for the government to finance the development of an electric train in the country.

Molina added that we can also expect and increase in the property tax on vehicles, included in the annual Marchamo payable in December, to improve the finances of the Incofer.

The deputy minister explained that the tax would only apply to luxury vehicles, those with a fiscal value of over ¢16 million colones or 40 base salaries, according to a table of values set by Hacienda. Cars valued less would pay the normal property tax.

Source:

* The left lane of the toll stations charge ¢100 colones. The ¢25 is a voluntary payment for an express lane.

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