THE Cavitex Infra Corp. (CIC) and the Philippine Reclamation Authority (PRA) have jointly filed a motion for the extension of their provisional authority to collect toll fees at the C5 Southlink Expressway (C5 flyover crossing SLEx), the Toll Regulatory Board (TRB) said.
“The TRB wishes to inform motorists that there will be no collection of toll fees at C5 Southlink Expressway (C5 flyover crossing SLEx) starting…24 April 2020, following the expiration of CAVITex’s provisional authority to collect,” the TRB said in an advisory released by the Department of Transportation over the weekend.
It added: “Motion for Extension of Authority filed by the Cavitex Infra Corp. (CIC) and Philippine Reclamation Authority (PRA) on 23 April 2020 is ongoing processing and resolution.”
The C5 South Link Expressway is a 7.7-kilometer six-lane project of the Manila-Cavite Toll Expressway (CAVITEx), connecting Circumferential Road 5 (C5) to CAVITEx via Merville and Sucat in Parañaque City. The first two kilometers of the expressway project connecting the C5 road to Merville was opened to motorists in July last year.
The CIC has said that it was targeting to open the whole C5 South Link alignment this year. Once completed, the project is seen to reduce traffic to 30 minutes from the usual one hour.
CIC is part of Metro Pacific Tollways Corp., the tollways unit of Metro Pacific Investments Corp. (MPIC).
MPIC is one of three Philippine units of Hong Kong-based First Pacific Co. Ltd., others being PLDT, Inc. and Philex Mining Corp. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has an interest in BusinessWorld through the Philippine Star Group, which it controls. — Arjay L. Balinbin
