The planned investment in the metropolitan electric train project (TREM) would be about $ 1,100 million over the first eight years.

"Within a decade the population grew at an average of 15% while the number of vehicles doubled...The government wants to encourage the train," stated to Elfinancierocr.com Carlos Contreras from the Ministry's Division of Transportation.

Source: elfinancierocr.com

More on this topic

Electric Train: Progress in Costa Rica

May 2020

The Executive presented before the Legislative Assembly the draft law of the loan contract with the Central American Bank for Economic Integration, which will be used for the construction of the Passenger Electric Train of the Great Metropolitan Area.

Although it was recently introduced to the congressmen, the loan had been approved by the Central American Bank for Economic Integration (CABEI) since the end of October 2019.

Costa Rica: Electronic Payment for Public Transport

January 2014

An announcement has been made to implement an electronic payment system on buses circulating in the capital.

The Ministry of Public Works and Transport (MOPT), the Regulatory Authority for Public Services (ARESEP) and the Central Bank of Costa Rica (BCCR) signed an agreement for the implementation of an electronic payment system on buses circulating the capital.

Feasibility Study for Light Rail

December 2011

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).

Costa Rica: Proposal to Reform Public Transport

July 2010

The government is due to present its Transportation Master Plan soon.

In a press conference, the president, Laura Chincilla, disclosed that part of the plan is to review the inter-urban bus project (known as “Interlíneas”). This project struggled under the previous government.