MANILA, Philippines – San Miguel Corp. (SMC) has been given the go-signal to collect fees in a segment of the Tarlac-Pangasinan-La Union Expressway (TPLEX) starting January 18.
The Toll Regulatory Board (TRB) approved the implementation of the toll rates in the Tarlac City to Paniqui segment based on the Toll Concession Agreement between TRB, SMC’s Private Infra Development Corp. (PIDC), and the Department of Public Works and Highways (DPWH).
“In accordance with the Toll Concession Agreement by and among the DPWH, the TRB, and PIDC, the following toll rates for Segment 3, Section 1 (Gerona to Paniqui), inclusive of value added tax, are hereby approved for implementation starting Jan. 18,” TRB executive director Atty. Edmund Reyes Jr. said in the Notice of Toll Rate Implementation.
Under the approved toll fees, cars and jeepneys (Class 1) entering La Paz will be charged P30 until Victoria, P58 until Gerona, and P79 until Paniqui while buses and trucks (Class 2) will be charged P76 until Victoria, P145 until Gerona, and P197 until Paniqui.
Class 3 trucks, on the other hand, will have to pay P91 until Victoria, P175 until Gerona, and P237 until Paniqui.
Motorists can still file a petition for review within 90 days from the publication of the first notice of toll rate implementation, according to Reyes.
SMC president and chief operating officer Ramon Ang earlier said the P24-billion expressway is expected to be completed by 2015, ahead of the 2018 target.
“In terms of construction, we are ahead of schedule. We are on track to delivering the entire length of TPLEX as early as 2015,” Ang said.
The TPLEX is considered a key road project in Luzon as it connects the central and northern Luzon provinces to Manila and beyond through the Subic-Clark-Tarlac Expressway and the North Luzon Expressway.