After nearly seven months of providing the public free use of the 18-kilometer Skyway Stage 3, San Miguel Corp. (SMC) on Tuesday announced it will start collecting toll on the elevated expressway starting July.
In a statement, SMC said it will be using a revised toll matrix which is lower than the original proposed toll fees.
To recall, the Toll Regulatory Board approved last March the provisional toll rates for the Skyway 3.
The approved provisional toll rates are the following:
For Class 1 vehicles
- Buendia to Sta. Mesa - P105.00
- Sta. Mesa to Ramon Magsaysay - P30.00
- Ramon Magsaysay to NLEX Balintawak - P129.00
- Buendia to NLEX Balintawak - P264.00
For Class 2 vehicles, the toll rates are twice as much as the rates for Class 1 vehicles.
For Class 3, the rates are thrice the price of Class 1.
The approved provisional toll rates are lower than San Miguel’s petition ranging from P110 to P274.
SMC said the TRB issued a Toll Operating Permit and a Notice to Start Collecting Toll on Skyway 3.
The company, through its SMC Infrastructure, said it will post the final approved toll rates at the toll plazas prior to the start of toll collection.
SMC president and chief operating officer Ramon Ang said that the revised toll matrix, as approved by the TRB, takes into consideration the pandemic, its impact on the economy, and on Filipinos.
“We thank the TRB for helping us determine the most equitable toll rates for our motorists. We know from experience that times are hard for many, and even a little relief for motorists can go a long way. These toll rates reflect our deferral of the collection of a substantial amount of the cost to build Skyway 3. We also further lowered the rates for those traveling shorter distances,” Ang said.
He said the tolls it will collect will provide the company revenues to ensure continued efficient operations, maintenance, and safe driving conditions on the elevated expressway—particularly as daily traffic puts a heavy strain on the road infrastructure, necessitating significant maintenance costs.
Skyway 3 reduced travel time from Alabang to Balintawak and vice versa, to only 30 minutes from the previous three hours, and from Buendia to Balintawak, to only 20 minutes.
With a capacity of 200,000 vehicles per day, the elevated toll road has also significantly decongested traffic on major Metro Manila thoroughfares, including Edsa and C-5.
With the start of toll collection, the government can now also start generating significant income from the expressway, as it imposes a 12 % VAT on all toll fees, according to SMC.
SMC said it fully-funded the construction of the project with no government funds or guarantees and had spent over P80 billion- more than double its original cost - to complete the project over a period that spans two administrations.
Much of the delays and additional costs were due to numerous contentious right-of-way issues that caused major redesigns and realignments.
As of July 2, Skyway on-and off-ramps that have been opened to the public are as follows —Buendia SB Exit and NB Entry, Quirino NB and SB Exit, Plaza Dilao SB Entry, Nagtahan SB and NB Exit, E. Rodriguez SB Exit, Quezon Ave SB Exit and Entry, Quezon Ave NB Exit and Entry, A. Bonifacio NB Exit, NLEX NB Exit and NLEX SB Entry.—AOL, GMA News