San Miguel Corporation’s 18-kilometer Skyway 3 is ending its seven-month long stint of free use starting July 12.
It will begin collecting tolls using a revised toll matrix with lower fees for those traveling shorter distances. This matrix will be posted on SMC Infrastructure social media, following the issuance of a toll operating permit and notice to start toll collection.
Back in March, provisional toll rates were approved by the TRB which will be collected from July 12 onwards: P30 for Class 1 vehicles from Sta. Mesa to Ramon Magsaysay; P105 from Buendia to Sta. Mesa; P129 from R. Magsaysay to Balintawak; and P264 end to end from Buendia to North Luzon Expressway (NLEX).
Apart from taking into account the economic impact of the pandemic on motorists, the toll rates reflect SMC’s deferral of toll collection equivalent to a substantial amount of the cost of its construction, said the conglomerate’s president Ramon Ang.
The highway, which officially opened in January, had incurred losses due to the delay in toll fee collection.
PHOTO: CNN Philippines