REGULATORS on Monday approved the collection of toll in the first segment of the C-5 Link Expressway and the tariff adjustment for a section of the Manila-Cavite Toll Expressway (Cavitex).
In separate disclosures to the local bourse, parent company Metro Pacific Investments Corp. said the Toll Regulatory Board (TRB) has approved the collection of fees for the use of C-5 Link’s 2.2-kilometer Segment 3A-1, which runs from Merville in Paranaque to C-5 Road in Taguig.
Upon the issuance of the notice to start collection, Class 1 vehicles traversing the said expressway will have to pay P22; Class 2, P44; and Class 3, P66. This shall be valid for a period of six months, given the provisional nature of the initial toll collection scheme.
“The collection of the provisional or interim initial toll fee for Segment 3A-1 will ensure the continued progressive construction of the remaining segments of the C-5 Link Expressway,” a disclosure read.
Aside from this, the toll regulatory body has also approved the upward adjustment for the toll rate for the R1 Expressway, which runs from Seaside in Pasay to Zapote in Cavite.
Under the approved toll hike, Cavitex Infrastructure Corp. may impose an additional P1 for Class 1 vehicles; P2 for Class 2 vehicles; and P3 for Class 3 vehicles.
Currently, Class 1 vehicles pay P24 to pass through R1 Expressway; P48 for Class 2; and P72 for Class 3 vehicles.
The additional toll rates are intended to cover the investments in enhancing R1, including the widening of the expressways to two-by-four lanes and the construction of the Marina Bay Flyover and the Marina Left Turn.