HomeEconomyVinci boss warns that new road tax will increase toll prices

Vinci boss warns that new road tax will increase toll prices

The general director of the highway company once again warned Bercy about the consequences of implementing a new contribution.

Vinci puts pressure on Bercy again. Guest on France Info this Wednesday morning, the general director of Vinci Autoroutes, Pierre Coppey, reiterated his intention to increase the price of tolls in the event of the application of a new tax on motorways.

“Increasing the tax on highways inevitably means reducing investments at a time when there is the greatest need to invest. And it is inevitably, because we are in a state of law, a tariff repercussion that will weigh on users and I am the first to say so” . “I’m sorry,” he said before adding that his company would file an appeal with the State Council in case of approval of the 2024 budget bill.

360 million for Vinci

This new tax on motorway concessions and large airports, announced during the 2024 budget project, should provide 600 million euros per year to the State. For Vinci Autoroutes, which recorded a profit of 2 billion euros in 2022, the contribution would amount to 360 million, Pierre Copey estimated.

While Bruno Le Maire had assured that this tax increase “would not be passed on to the user” thanks to the maintenance of “the definition of toll rates”, the general director of the highway company reiterated his warning. At the end of September, Pierre Coppey had already linked a tax increase to an increase in toll prices on the BFMTV set.

Author: Theodore Laurent
Source: BFM TV

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