Cavitex Infrastructure Corp. (CIC) has secured the green light from the Toll Regulatory Board (TRB) to implement toll rate adjustments at the CAVITEX Paranaque and Kawit Toll Plazas.
The TRB issued a notice of toll rate implementation for R-1 Expressway (Seaside to Zapote) and R1 Expressway Extension Segment 4 (Zapote to Kawit) of the Manila-Cavite Toll Expressway Project, filed by CIC and joint venture partner Philippine Reclamation Authority’s (PRA).
The TRB said the toll rate increase covers the 2017 Petition for Approval of Periodic Toll Rate Adjustment for R1 Expressway and R1 Expressway Extension Segment 4.
Toll rates for Class 1 vehicles (cars and SUVs) at the R-1 Expressway, a 6.48km expressway from Seaside Drive, Paranaque to Zapote, Las Pinas will be increased to P35 from P33.
While those for Class 2 vehicles (minivans and buses) will be raised to P70 from the current P67. Toll fees for Class 3 vehicles (large trucks and trailers) will be increased to P104 from the current P100.
Toll rates for Class 1 vehicles at Segment 4, a 7.4-km, 2×2 lane expressway from Zapote Interchange in Bacoor to Kawit Toll Plaza will be hiked to P73 from the current P64.
For Class 2 vehicles the toll fees will be raised to P145 from the current P129, while for Class 3 vehicles it will increase to P219 from the current P194.
TRB said the toll rate matrix for R1 Expressway and R1 Expressway Extension Segment are allowed to be implemented effective from the date of the issuance of the notice to start collection and upon compliance with the legal requirements delineated in the 2103 TRB Revised Rules and Regulations.
The agency added that the approved toll rates are allowed to be implemented not earlier than July 1, 2023, subject to the imposition of value added tax.
The CIC has yet to announce the implementation of the toll rate adjustments.
The Manila – Cavite Toll Expressway Project or CAVITEX consists of the operational R-1 and R1 extension, which traverses the Coast of Manila and connects the Roxas Boulevard to Cavite, with 2 toll plazas namely Paranaque Toll Plaza and Kawit Toll Plaza.