North Luzon toll fee to hit P120 next year

[zero]

Tuesday - September 30, 2003
9/30/2003 3:47:00 PM
Source : The Manila Times

The 84-kilometer North Luzon Expressway, rehabilitated, upgraded and modernized at a cost of P18.5 billion, will be fully operational by late 2004.

The Manila North Tollways Corp. (MNTC), the project’s concessionaire, said on Monday that once the expressway is completed, travel time from Balintawak, Quezon City, to Santa Ines, Mabalacat, Pam_panga, would be reduced by at least an hour.

Jose de Jesus, former secretary of public works and highways and MNTC president, admitted, however, that the toll would jump by 900 percent.

He said the present toll of P20.50 would be raised to P120 for the entire stretch from Balintawak to Santa Ines.

Once the expressway is turned over to the MNTC in January 2005, a P2.31-a-kilometer toll would be charged for ordinary vehicles.

De Jesus noted that the rate is still the lowest per kilometer compared with the current toll at the South Luzon Expressway at P3.79 a kilometer and the Coastal Road’s P2.82 a kilometer.

The rate, he added, is also considered the lowest in Asia.

The North Luzon Expressway is being run by the Philippine National Construction Corp. (PNCC).

The MNTC is upgrading and rehabilitating the expressway section by section and turns it over to the PNCC after completing each section.

The PNCC will turn the expressway over in January 2005 to the MNTC, which in turn will operate the expressway until 2030, or 25 years, under the build-operate-transfer (BOT) plan.

The expressway is 25 percent complete and more segments will be opened to the public soon.

Following the September 4 opening of the eight-kilometer Candaba-San Simon segment, the 17.5-kilometer section from San Fernando-Dau southbound lanes will be opened to the public in mid-October. The northbound carriageway is scheduled for completion by December 2003.

The funding of $253.5 million is being provided by the Asian Development Bank, the International Finance Corp., the Export Finance and Insurance Corp. and CoFACE, on behalf of the French government, and the Multilateral Investment Guarantee Agency as well as ABB Structured Finance B.V., Mizuho Corporate Bank, Ltd., Credit Agricole Indosuez, DZ Bank AG and Westdeutsche Landesbank Gironzentrale.

Equity contributions of the sponsors total $117.5 million.

[boybi]

heard jose de jesus in radio this morning that the toll fee might reach P180 (sta ines to balintawak)

[FrankDrebin]

Dadami dadaan sa McArthur.

;)

[jesi]

Dapat kasi one side lang may toll. E di balikan, P240 na kaagad. Wala pa gasolina.

[yebo]

sana kahit ganyan may minimum speed limit para hulihin yung mga mababagal na sasakyan na cause ng trapik sa expressway. isang jeepney lang sa unahan na 50kph ang takbo dami na perwisyo yun eh.

[boybi]

malamang kapag ganyan ka taas ang toll fee, hindi na dadaan ang jeepney sa expressway.

[mazdamazda]

ok lang...

kaysa puro lubak naman at potholes ang daraanan ko!

[kinyo]

nampu&^%$$## :mad: :mad: :mad:

sinasabi ko nga ba ... ganyan din ang bagsak nyan (gaya sa SLEX) ... akala mo pogi points na ang gobyerno kasi nga gaganda na yung kalye ... pero sisingilin din pala sa motorista ... ok lang sana kung konti lang idagdag sa toll fee, kaso .... :mad: :mad: :mad:

tiba-tiba na naman ang mga Lopezes, dami kikitaing pesoses :D

[caloyski5]

Originally posted by mazdamazda
ok lang...

kaysa puro lubak naman at potholes ang daraanan ko!

same here

[mazdamazda]

Originally posted by caloyski5
same here

pwede na ulit mag "fun run" going to subic...

do i hear 200kph? :D

[caloyski5]

nyak!!! 190km/h lang...hehehe

[ghosthunter]

185kph lang... :D

[RedHorse]

ok lang, basta nasa kanan yang mababagal, at pag nag flash, tabi agad..

lalo na yong mga walang tail lights

[kiper]

yehey..!! tang-*** nila..!!

hanggang 160 kph lang kaya ko eh..ehehehehe..

[yebo]

ako hanggang 145kph lang. di ko kasi gusto lasa ng betlog ko, umaakyat pag sumobra speed ko e hehehehe! hirap pa lulunin ulit nyahahaha!

[wildthing]

okay lang sa akin...sagot naman ng office ang toll fees ko eh....

Besides mas gusto kuna magabayad ng 120 or 180 na toll fee sa 84km na nlex kesa 100 sa less than 30km na Makati-Alabang stretch na skyway....

anyway, tama ba basa ko that travel time will be reduced by an hour??? e papaano yan, kasi before those constructions started, I travel balitawak to ac exit in an hour and half or a bit lesser...so magiging 30 mins na lang pala.....galing!!!.....ooows....stir yata yung spokesman nila.

anyway, I just look forward for the day that they finish it....

[boybi]

mukhang kaya naman. before the construction, mga hating gabi, kayang takbuhin ang balintawak to sta. ines ng 45mins. mga 120-140kph ang takbo.

[usokpower]

Di talaga kakayanin ng pinoy ang P120 or 180 toll price na yan.

Mahal pa sa pagkain yan hehe. wawa talaga tayo. True that toll fee is low if you compare it to our neighbors across asia.

Plus the funds acquired for rehabilitation is through dollar loan. Kaya ganyan ang toll fee mga peeps. Siguro iisipin nyo bakit hindi nag peso loan? Well hindi na kaya ng pilipinas mag pautang nang ganun kalaki. Even yung construction ng skyway is through dollar loan. Ang exchange rate noong umutang sila abroad is P40 today ang exchange rate is P54. Ano ang binabayad ng motorist (PESO) ano ang binabayad ng pncc sa interest expense (dollar) did you get the picture?

Pero katangahan lang ang construction ng skyway dapat ginamit nalang yung funds para rehabilitate ang PNR. That way maraming trucks from port area to laguna mababawasan.

[Bubbles]

Alam mo ang bwisit sa SLEX, mga truck nagtitipid. lahat tuloy sa service road na tumatakbo. ayun after 1 week wasak na ulit yung kalye. consuelo lang na ang ganda ng kalye ng slex.

fun run? pwede ba 80 kph lang?

[mazdamazda]

caloyski... dapat ma break na yung 200kph barrier! hehehe! hanggang 190kph lang daw kayo last time right?

usokpower... nice suggestion, waste lang talaga ng pera ang skyway... dapat PNR na lang rehabilitate then yung cargo dun na lang ipapadaan instead sa mga trucks...

pero dapat taasan nila ang speed limit... mga 140kph medyo contented na ako... kung 100kph lang kwenta! mabagal pa rin yan pag medyo malayo ang travel...