THE TOLL Regulatory Board (TRB) has issued a notice approving the fee structure for Cavite-Laguna Expressway (CALAX) Subsection 5, from Silang East Interchange to Santa Rosa-Tagaytay Interchange, which is due to open this quarter.
TRB Executive Director Alvin A. Carullo issued the notice on July 13. A copy of the notice has been posted on the TRB’s official website.
Class 1 vehicles or ordinary cars will pay P27, while Class 2 vehicles like buses and small trucks will pay P55.
P83 will be collected from large trucks or Class 3 vehicles.
MPCALA Holdings, Inc., a unit of Metro Pacific Tollways Corp. (MPTC), is hoping to open the Subsection 5 by the end of this month or the first week of August.
CALAX Subsection 5 is a 7.2-kilometer, 2×2 lane expressway that will link Sta. Rosa-Tagaytay Road to Silang, Cavite.
MPCALA Holdings said the section is expected to serve 5,000 vehicles daily once fully operational. It is expected to help decongest traffic along Governor’s Drive, Aguinaldo Highway, and Sta. Rosa-Tagaytay Road.
Currently, the operational segments of CALAX run from Mamplasan to Sta. Rosa, Laguna, serving approximately 10,000 vehicles daily.
“Upon completion, CALAX will span 45-kilometers with eight interchanges at the following locations: Kawit, Governor’s Drive, Open Canal, Silang (Aguinaldo) Highway, Silang East, Santa Rosa-Tagaytay, Laguna Boulevard, and Laguna Technopark. It shall serve about 45,000 vehicles while cutting travel time between Cavite and Laguna from two hours to under an hour,” MPCALA Holdings said in a recent statement.
MPTC is the tollways unit of Metro Pacific Investments Corp., one of three key Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT, Inc.
Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in Business World through the Philippine Star Group, which it controls. — Arjay L. Balinbin
Business World, July 26, 2021 | 8:13 pm
