The new law allows the Incofer to borrow up to about $440 million to build an electric inter-urban train line through means of a public-private partnerships or trusts.
Under recent government administration's proposals to build a train in the metropolitan area of the country have always been on the agenda, and the current government of Luis Guillermo Solis is no exception.His administration proposed an initiative which has now passed into law, therefore the Instituto Costarricense de Ferrocarriles has the legislative backing to seek funding and build a metro train.
Although the funds are not yet available, nor is there legislative authority to borrow, the Instituto Costarricense de Ferrocarriles has announced that it intends to acquire 8 trains.
An article on Crhoy reports that "...Guillermo Santana, CEO of Incofer, said the new units will have to comply with national railway infrastructure conditions, for which reason the rolling stock must be modified by the manufacturer and will take longer to arrive. "
Each new government brings with it a new railway project with new fundraising for further new feasibility studies and new promises of international tenders.
The new plan by the new president of the Instituto Costarricense de Ferrocarriles (Incofer) requires "... at least $600 million to cover about 100 kilometers of track, which includes the route up to Alajuela."
The conceptual advantage that is raising the country above its Central American neighbors is demonstrated by the implementation of the project for Line 3 of the Panama Metro between Albrook and Ciudad del Futuro.
The presentation of the environmental impact study for Line 3 of the Panama Metro, funded by the International Cooperation Agency (JICA) and prepared by URS HOLDINGS is a clear sign of the will of Panamanians to continue strengthening the foundations of economic and social development through the construction of communication routes, which is in keeping with what is clearly taught by the history of mankind: communication generates progress.
The government announced that it is studying the feasibility of the project based on an electric train, and some companies have expressed interest in a possible freight service between the port and the greater metropolitan area.
The Ministry of Foreign Trade (Comex) and the authorities of the Instituto Costarricense de Ferrocarriles (Incofer) announced that for funding for the possible launch of the train they will evaluate "... the option of a public-private partnership to execute the work. Guillermo Santana at Incofer said "... 'We have every intention of promoting agreements and developing a more competitive freight train for the region.'"
The government is looking for new options to the Spanish railway companies with whom the country has worked in the past years.
The new director of the Instituto Costarricense de Ferrocarriles (Incofer) has stated that its management will aim to find the best options for developing a system using metropolitan electric trains working in coordination with buses and taxis.
The feasibility study which determines that the electric train in the greater metropolitan area is viable was carried out by a Spanish company, and paid for by the Spanish government as part of the marketing efforts made by railway companies, also of the same nationality.
According to the Spanish firm Ineco, a global consultant on transport engineering, the construction of an electric railway connecting the cities of Alajuela, Heredia, Cartago and San José, is viable.
There are five projects in Costa Rica attempting to set up truly fast internet networks, and all of them are hampered by bureaucracy.
An editorial in Elfinancierocr.com explains that in Costa Rica "the five projects designed to bring high speed internet to businesses and homes are stuck."
"... First of all, it begs the question, why have five projects that are so similar? The plans by Racsa, Jasec, ESPH, Curridabat, all offer an open network (available to all service providers) using optical fiber to connect households (known as Fibre To The Home or FTTH), while the ICE is planning to use fiber combined with copper to provide it's services. "
For the third time in the last 8 years a feasibility study has been done for the development of rail links within the Greater Metropolitan Area of Costa Rica's capital.
Funding for this study now comes from a donation of $800 thousand from the Spanish state run company Ferrocarriles de Vía Estrecha (FEVE), which in recent years has worked with railroad equipment currently in use by the Costa Rican Institute of Railways (Incofer).
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