SANTIAGO – The Chilean capital’s transportation system, including Transantiago, Metro and train buses, on Monday saw an addition of CLP20 to the value of the adult ticket and CLP10 for the students, which means a rise of 3%, according to the decree that officialises the measure.
The measure affects the 32 municipalities in the Santiago region, as well as San Bernardo and Puente Alto.
According to the document published by the Panel of Experts of Transantiago after a meeting on Friday, the measure “responds to an increase in the total costs of the system, so the rate must be increased in order to maintain the financial balance of the system.” The last tariff increase of this type occurred in January 2015.
With this increase in values, the Metro will be CLP760 in peak hours and CLP660 buses.
Founded 11 years ago, Transantiago is a public transport system that serves Santiago de Chile. It is considered the most ambitious transport reform undertaken by a developing country according to the World Resources Institute.
