The Department of Transportation (DOTr) and the Toll Regulatory Board (TRB) today announced their collaborative efforts to address the projected revenue loss for San Miguel Corporation (SMC) stemming from the planned toll holiday on select segments of Skyway Stage 3. This initiative is in support of the EDSA Rebuild Project and aims to alleviate the commuter burden.
In line with the President’s directive to minimize disruption to motorists and commuters during the vital EDSA Rebuild Project, the DOTr previously announced that certain portions of Skyway Stage 3 would be toll-free. This strategic move is designed to help decongest EDSA, providing a crucial alternative route during construction.
Recognizing the potential financial impact on SMC, the operator of Skyway, the DOTr and TRB are actively exploring various mitigation measures. These options include, but are not limited to, a possible extension of SMC’s concession agreement with the government.
“We are committed to delivering on the President’s vision of a more efficient and convenient EDSA for all Filipinos,” said the DOTr. “This ‘bayanihan’ spirit, where the public and private sectors work hand-in-hand, is essential to ease the burden on motorists and passengers as we continue our efforts to make EDSA better, safer, and more convenient for everyone.”
The DOTr and TRB remain dedicated to finding equitable solutions that support essential infrastructure development while ensuring the financial viability of private sector partners.
