PBBM approves 30-day suspension of toll collection in Cavitex
THE Philippine Reclamation Authority (PRA) and Public Estates Authority Tollway Corporation (PEATC) are preparing to implement a toll-free period on the Manila Cavite Toll Expressway Project (CAVITEX) following President Ferdinand Marcos Jr.’s approval of a 30-day suspension of toll collection.
PEATC spokesperson Atty. Ariel Inton on Monday confirmed that they are awaiting a formal resolution from the Toll Regulatory Board (TRB), the governing body overseeing tollways nationwide.
He said President Marcos Jr. called for the immediate implementation of the toll fee suspension last Friday during the inauguration of the CAVITEX C5 Link Sucat Interchange in Parañaque City.
Inton emphasized that once the TRB resolution is issued, PEATC will promptly implement the toll-free period for one month.
Records from the PEATC showed that approximately 170,000 vehicles use CAVITEX daily.
This initiative is aimed at alleviating the financial burden on motorists and commuters amidst rising fuel prices, as highlighted by President Marcos Jr. during the announcement.
AUTHOR PROFILE
Miscellaneous
