The Cabo Verde government has estimated a 30% increase in demand for inter-island maritime and air transport following the implementation of reduced fares. This projection was announced by Minister of Transport and Sea, João do Carmo Brito, during a parliamentary session. The increased demand is expected to be met with financial compensation to transport companies, which will depend on the number of passengers.
According to Minister Brito, the 30% growth in demand was considered in the financial projections prepared by the government to ensure the sustainability of the measure. The compensation to transport companies will cover the difference between the current fares and the reduced fares set by the government, which are 500 escudos for maritime connections and 5,000 escudos for air connections.
The government has allocated funds in the 2027 State Budget to cover the costs associated with the increased demand. Minister Brito assured that the allocated amount will be sufficient to compensate for the difference in prices and meet the estimated demand. The compensation will be provided based on the number of passengers, with no fixed value determined.
The reduced fares aim to make inter-island transport more affordable for citizens. The government's decision to implement reduced fares is expected to boost economic activity and improve connectivity between the islands. The Minister of Transport and Sea emphasized that the government's projections are based on a thorough analysis of the current demand and the potential impact of the reduced fares.
The implementation of reduced fares is part of the government's efforts to improve the transportation system in Cabo Verde. The country has a complex geography, with many islands, making transportation a crucial aspect of daily life. The government has been working to improve the transportation infrastructure, including the construction of new airports and ports.
The agreement with Vinci for the construction of the Santo Antão airport, signed on February 25, 2026, is an example of the government's efforts to improve the transportation infrastructure. The new airport is expected to enhance connectivity and facilitate economic growth in the region. The reduced fares for inter-island transport will likely complement these efforts.
The government's initiatives aim to promote economic growth, improve connectivity, and make transportation more affordable for citizens. The estimated 30% increase in demand for inter-island transport is expected to have a positive impact on the economy and the daily lives of citizens. The government will continue to monitor the situation and adjust its policies as needed.
Key points
- The Cabo Verde government expects a 30% increase in demand for inter-island transport with reduced fares.
- The government has allocated funds in the 2027 State Budget to cover the costs associated with the increased demand.
- The reduced fares aim to make inter-island transport more affordable for citizens and boost economic activity.
