TRB grants 30-day toll holiday for CAVITEX

0
85
CAVITEX Parañaque toll plaza. Photo from Cavitex Infrastructure Corp.
  • The Toll Regulatory Board has approved a 30-day toll holiday for the Manila-Cavite Toll Expressway effective July 1, 2024
  • The tollway segments that will enjoy toll-free journeys for all vehicle classes are expressway exits in Kawit, Parañaque, C5 Link segment Merville and Taguig exits, and the newly inaugurated Segment 2 (Sucat Interchange)

The Toll Regulatory Board (TRB) has approved a 30-day toll holiday for the Manila-Cavite Toll Expressway (CAVITEX) effective July 1, 2024.

The TRB in a board resolution concurred with the proposal by the Philippine Reclamation Authority (PRA)—owner of the property on which the expressway is situated—with consent of Cavitex Infrastructure Corporation (CIC), a unit of the Metro Pacific Tollways Corp. that operates CAVITEX.

The board resolution calls for a “Temporary Cessation of Toll Collection Activities (both RFID and Cash) in all Segments of the Manila-Cavite Toll Expressway Project [MCTEP] for a period of thirty (30) calendar days starting from 01 July 2024, 12:01a.m., subject to two (2) months extension of the respective Concession Periods of the Segments of the MCTEP”.

It can be recalled that President Ferdinand Marcos Jr. announced the granting of a toll holiday for all expressway segments under CIC during his speech at the inauguration of the CAVITEX C5 Link Segment 2 on June 21. The 1.9-kilometer expressway connects CAVITEX Radial Road 1 from the Parañaque Toll Plaza to the Sucat Interchange and is expected to benefit around 23,000 vehicles a day.

The tollway segments that will enjoy toll-free journeys for all vehicle classes are expressway exits in Kawit, Paranaque, C5 Link segment Merville and Taguig exits, and the newly inaugurated Segment 2 (Sucat Interchange), CIC said in a statement.

“We support the President’s decision and that of the TRB, so our motorists can enjoy the seamless expressway journeys brought about by modern tollway structures and systems,” CIC president and general manager Raul Ignacio said.