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Cavitex operator seeks additional fee

cavitex operator seeks additional fee - Cavitex operator seeks additional fee
cavitex toll gate philstar 083118 - Cavitex operator seeks additional fee
PHILSTAR

THE OPERATOR of the Manila-Cavite Expressway (Cavitex) is seeking to impose an additional toll for a portion of the 7.7-kilometer C5 South Link Expressway, which will open next week.

In a newspaper bulletin on Thursday, the Toll Regulatory Board said Cavitex Infrastructure Corp. (CIC) and the Philippine Reclamation Authority had applied for a permit to collect a provisional fee for the road.

The fees will cost P22 for class 1 vehicles or ordinary cars, P44 for class 2 vehicles (buses and small trucks) and P66 for class 3 vehicles (large trucks and trailers).

The board said stakeholders may seek a review of the concessionaire’s application within a month or until Aug. 17.

The segment of the road will open on July 23. It forms one portion of the four-part expressway that will connect Taguig to the cities of Parañaque, Las Piñas and Cavite through Cavitex.

The other parts of the P10-billion C5 South Link project are the 1.6-kilometer road that will link E. Rodriguez to Merville Subdivision, the two-kilometer road that will connect Sucat to E. Rodriguez and the 1.9-kilometer segment that will link the Sucat Interchange to the R-1 Expressway.

The C5 South Link is expected to cut travel time between C5 and the south to about 30 minutes from an hour.

CIC is under Metro Pacific Tollways Corp., the tollway unit of Metro Pacific Investments Corp. (MPIC). MPIC is one of three Philippine units of Hong Kong-based First Pacific Co. Ltd., others being PLDT, Inc. and Philex Mining Corp. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has an interest in BusinessWorld through the Philippine Star Group. — Denise A. Valdez

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