MANILA, Philippines - San Miguel Corp. can start collecting toll fees at the recently opened segment of the Tarlac-Pangasinan-La Union Expressway (TPLEX) on March 17.
This after the Toll Regulatory Board (TRB) issued a notice of toll rate implementation to SMC's Private Infra Development Corp., which operates the TPLEX.
The company can begin collecting toll fees for Segment 6 or the Carmen to Urdaneta segment of the TPLEX on March 17.
"In accordance with the Toll Concession Agreement by and among the Department of Public Works and Highways (DPWH), the TRB, and PIDC, the pre-accepted toll rates, inclusive of value added tax, are hereby approved for implementation starting March 17," the TRB's notice stated.
Under the approved rates, Class 1 users, which include cars and jeepneys, entering La Paz would have to shell out P30 until Victoria, P58 until Gerona, P79 until Paniqui, P99 until Moncada, P164 until Carmen and P216 until Urdaneta.
Class 2 vehicles including buses and trucks would have to pay P76 until Victoria, P145 until Gerona, P197 until Paniqui, P247 until Moncada, P410 until Carmen, and P540 until Urdaneta.
Class 3 vehicles or trucks with more than two axles would have to pay a toll fee of P91 until Victoria , P175 until Gerona , P237 until Paniqui, P296 until Moncada, P492 until Carmen, and P648 until Urdaneta.
Earlier, SMC president and chief operating officer Ramon S. Ang said PIDC expects to complete TPLEX within the year, or three years ahead of the 2018 schedule.
The TPLEX will cover 17 towns and two cities, Tarlac and Urdaneta City, across four provinces, namely Tarlac, Pangasinan, La Union and Nueva Ecija.