DoTr seeking end of arbitration case on NLEX toll adjustments
The Department of Transportation (DOTr) said it is asking NLEX Corp. to terminate its arbitration case regarding the overdue toll adjustments for the North Luzon Expressway (NLEX), in favor of staggered toll hikes.
“The general approach, papunta na po sa settlement yan. Hinihingi namin yung arbitration, mawala yung kaso. Ang pagkasunduan na lang namin, yung mekanismo kung pano mapapaimplement yung contractual provision regarding increases,” DOTr Secretary Arthur P. Tugade said in a panel session during the annual Economic Journalists’ Association of the Philippines Forum in Manila on Tuesday, Aug. 28.