Defining the News
MOTORISTS plying the North Luzon Expressway and South Luzon Expressway may face another toll increase as the Toll Regulatory Board received applications from their operators for adjustment.
“Possible within this coming month because the NLEX application for the second tranche is in advanced stage. It is under review by the TRB secretariat right now. We can submit this May 2024 board meeting,” Carullo said. The TRB authorized NLEX in June 2023 to implement an additional P7 toll hike in the open system and P0.36 per kilometer in the closed system.Carullo said the TRB also received a petition from SMC SLEX to increase the toll at SLEX.“It depends on the rate of the inflation, but in the past it appears that the government is keen on complying with the contractual obligations under the STOAs or the contract. Just the same, the board members are aware of the inflationary situation.
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