Metro Pacific Tollways Corp. said Tuesday it submitted anti-inflationary measures for the long-delayed toll hike at North Luzon Expressway and Manila-Cavite Expressway.
“We submitted a program to the TRB [Toll Regulatory Board] for a limited period especially during the time that there are worries about inflation. Any adjustments in toll would have an impact on inflation, but we’ve implemented measures to really mitigate or lessen the impact especially the socially sensitive sectors,” MPTC president and chief executive Rodrigo Franco told reporters at he sidelines of ‘Safetrip Mo, Sagot Ko’ motorists assistance program.
He said that food delivery vehicles and jeepneys would be exempted from the toll hike to mitigate the adjustment’s impact to inflation.
Franco said another measure to address inflation was the implementation of the toll hike on a staggered basis over a period of four to five years.
Franco said the cumulative increase of toll over the last six years was 21 percent for NLEx. The company proposed an initial increase of 9 percent. “We hope it would be approved in the next board meeting [on Wednesday],” he said.