PHILIPPINE REAL ESTATE and RELATED NEWS in and around the country . . .
.
.

Toll rates set for Daang Hari, now MCX

Posted on November 24, 2014 10:11:00 PM [ BusinessWorld Online ]

THE DAANG Hari-South Luzon Expressway (SLEx), now called Muntinlupa-Cavite Expressway (MCX) and is the Aquino government’s first public-private partnership contract awarded, will be opened to motorists by March next year, its builder said yesterday.

 http://adserver.bworldonline.com/webpics/articles/image/20141124cfbeb.jpg

THE DAANG HARI-South Luzon Expressway (SLEx) has been renamed Muntinlupa-Cavite Expressway, a four-kilometer toll road project that uses the Susana Heights Interchange as exit and entry from north and south of SLEx. -- PPP.GOV.PH

The toll rates were set at P17 for Class 1 vehicles like cars and vans and P34 for Class 2 vehicles such as buses and trucks, Noel Eli B. Kintanar, executive vice-president of Ayala Corp.’s AC Infrastructure Holdings Corp., told a briefing.

“As of November, construction is estimated to be over 60% complete and 80% by end of the year,” Mr. Kintanar said.

“We are on track to open in March next year and be fully operational a month after, also within the first quarter.”

The expressway’s operation period officially starts when the toll operation certificate is issued, according to the concession agreement.

The MCX, formerly known as the Daang Hari-SLEx Link Road project, is a four-kilometer four-lane toll road that snakes through the junction of Daang Reyna and Daang Hari in Las Piñas and Bacoor, Cavite to SLEx via the Susana Heights Interchange in Muntinlupa, traversing the New Bilibid Prison Reservation.

The P2.01-billion link road would use the Susana Heights Interchange as exit and entry from north and south of SLEx.

The contract was awarded in December 2011, and was supposed to be completed 18 months after signing. Construction, however, had been delayed by problems over an interconnection to SLEx and right-of-way issues.

SEAMLESS TRAVEL

Ayala Corp. said it is in talks with the Skyway O&M Corp. and South Luzon Tollways Corp. -- operators of Metro Manila Skyway and SLEx -- to provide smooth travel for 50,000 expected motorists.

An “interoperability agreement” would “provide motorists seamless travel from the MCX as well as SLEx and Skyway” as they would be allowed to exit the three toll roads under one ticketing system, company officials said.

“Both SLEx and Skyway have their own clearing operations and this is what we are currently discussing,” Mr. Kintanar said. -- C. J. V. Dela Paz      
________________________________________________________________

real estate central philippines
Copyright ©2008-2017