📋 Tender Overview
MANILA (PIA) -- Public utility vehicles, buses and freight services will receive temporary toll discounts beginning March 23, following President Ferdinand R. Marcos Jr.s directive to ease the impact of rising fuel prices on the transport sector. The Toll Regulatory Board (TRB) said private concessionaires San Miguel Corp. and Metro Pacific Tollways Corp. will implement the discounts for two months, with possible extension subject to review. The relief applies to Class 1 public utility jeepneys, Class 2 buses and Class 3 freight vehicles. Transportation Secretary Giovanni Banoy Lopez welcomed the move, saying it would help stabilize commuter fares and the cost of goods. We thank San Miguel Corp. under Mr. Ramon Ang and Metro Pacific Tollways Corp. under Mr. Manny Pangilinan for this assistance. It will greatly benefit drivers, commuters, consumers and businesses amid the current oil crisis, Lopez said. According to the TRB, toll rebates will be credited weekly to qualified vehicles. Class 1 vehicles could save up to 18 pesos per end-to-end trip, while Class 2 and Class 3 vehicles may save as much as 47 pesos and 72 pesos, respectively. The initiative comes as the administration seeks measures to cushion the transport sector from global fuel price volatility linked to the Middle East crisis. (JCO/PIA-NCR)
