the standoff between highway companies and the executive has only just begun

2023-12-05 06:45:57

Baptiste Morin with AFP / Photo credits: MAGALI COHEN / HANS LUCAS / HANS LUCAS VIA AFP

The annual increase in motorway tolls will be “less than 3%” in 2024, Minister Delegate for Transport Clément Beaune assured at the end of November, against a backdrop of controversy with concession companies over an increase in taxation. But another figure is circulating for 2025, that of 6%. Where does this figure come from?

The government promised on Wednesday that the annual increase in motorway tolls would be “less than 3%” in 2024. This increase applied every February 1 had been 4.75% on average this year, a consequence in particular of inflation. “Next year, there will be an increase that will be limited, an increase that will be less than 3%,” promised Minister Delegate for Transport Clément Beaune.

One of France’s main motorway concessionaires, Vinci, has claimed that tolls would increase by 5% if a tax on motorway concessions planned in the 2024 draft budget was implemented. The tax on “long-distance transport infrastructure” decided by Bercy in the name of the ecological transition is supposed to bring in 600 million euros per year from 2024, of which three quarters of the revenue would come from the road sector and a quarter from the air, according to the Minister of the Economy Bruno Le Maire.

The threat of a 6% price increase brandished by motorway concessionaires

Except that Clément Beaune has promised an increase of less than 3% and the motorway concessionaires therefore want to pass on the weight of the new contribution from 2025. Thus, they brandish the threat of a 6% increase in prices. “Illegal,” replies the Minister of Transport. According to the law, the tariff is calculated on the basis of inflation and investments made on the highway portions. “False”, respond the motorway concessionaires in turn. If costs change, prices must follow. The Vinci and Eiffage groups have already announced that they would not hesitate to take the matter to court.

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#standoff #highway #companies #executive #begun

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