Conglomerate San Miguel Corporation will begin charging motorists using its newly opened elevated expressway this week, but at much lower fees than initially proposed.
After nearly seven months of allowing the public to use its 8-kilometer Skyway Stage 3 project for free, SMC said it would start collecting toll fees on Monday, July 12, using a revised matrix, which set cheaper prices than the original proposal.
SMC did not provide a comparison of the new and old matrix, but it said rates were lower particularly for motorists traveling shorter distances. The company will post the approved rates at the toll plazas prior to the start of collection.
Company president and COO Ramon Ang said the revised toll matrix, as approved by the Toll Regulatory Board, “takes into consideration the pandemic, its impact on the economy, and on Filipinos.”
With a capacity of 200,000 vehicles per day, Skyway 3 project aims to decongest EDSA and C5.