^

Business

TRB mulls other options on toll fees

Louella Desiderio - The Philippine Star

MANILA, Philippines - The Toll Regulatory Board (TRB) is considering other options for expressway operators aside from raising fees for the pending toll rate hike petitions. 

Department of Public Works and Highways (DPWH) Secretary Rogelio Singson told reporters in a chance interview the government is looking at other options apart from increasing toll road tariffs.

The DPWH has a representative on the TRB.

Among the options being considered is to make direct payments to the toll road concessionaire from the national government’s budget.

“One is we pay what was made directly, which means it will not impact on the tariff but will be handled by the national government,” Singson said.

Another option, he said, is to extend the concession period for the toll road.

TRB executive director Edmundo Reyes, Jr. said the options are still being studied by the board.

“There are options available so we have to study. The most important (thing) is (there is) legal basis (for the decision),” he said.

He said the TRB hopes to have the decision out as soon as possible.

Last year, the operators and concessionaires of the North Luzon Expressway (NLEX), Manila-Cavite toll expressway (Cavitex), South Luzon Expressway (SLEX) and Southern Tagalog Arterial Road (STAR) filed petitions for toll increases starting January this year. 

Manila North Tollways Corp. (MNTC) for instance, sought for an average of 15 percent toll increase for NLEX, while Cavite Infrastructure Corp. (CIC) petitioned for a 25 percent hike for Cavitex.

MNTC and CIC are both units of infrastructure giant Metro Pacific Investments Corp. 

Meanwhile, South Luzon Tollway Corp./Manila Toll Expressway Systems Inc. asked for a 33 percent hike for SLEX, while STAR Infrastructure Development Corp. wanted a 16 percent toll increase for STAR toll rates.

Operators of SLEX and STAR have decided to drop their petitions, while MNTC and CIC’s are pending.

vuukle comment

CAVITE INFRASTRUCTURE CORP

CAVITEX

DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS

EDMUNDO REYES

INFRASTRUCTURE DEVELOPMENT CORP

MANILA NORTH TOLLWAYS CORP

MANILA TOLL EXPRESSWAY SYSTEMS INC

METRO PACIFIC INVESTMENTS CORP

NORTH LUZON EXPRESSWAY

SECRETARY ROGELIO SINGSON

TOLL

Philstar
x
  • Latest
  • Trending
Latest
Latest
abtest
Recommended
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with