Economy

Metro Pacific Tollways group prepares for spike in traffic volume

NLEX.COM.PH

THE METRO Pacific Tollways group announced on Monday that it is adding manpower and other strategic measures in anticipation of increased traffic volume during the Christmas and New Year holidays.  

NLEX Corp. said it is working to enhance operations along the North Luzon Expressway- Subic–Clark–Tarlac Expressway (NLEX-SCTEX) as part of its motorist assistance program.   

From Dec. 23 to Jan. 3, “traffic management teams will closely monitor Balintawak, Mindanao, Karuhatan, Valenzuela (Paso de Blas), Meycauayan, Marilao, Bocaue, Sta. Rita, Pulilan, San Simon, San Fernando, Clark South, Tarlac, Tipo, and Subic Freeport Expressway as high volume of vehicles is anticipated in these areas,” NLEX Corp. said in an e-mailed statement.

The company plans to deploy more than 1,000 patrol crews, traffic marshals, security teams, and toll lane personnel. 

It will also deploy emergency medical services and incident response teams at strategic areas. 

“Except for the Candaba Viaduct repairs, construction and lane closures along the mainline road of the NLEX-SCTEX will also be suspended unless safety repairs are necessary,” the company said. 

“From Dec. 23, 6:00 a.m. to Dec. 26, 6:00 a.m. and from Jan. 1, 6:00 a.m. to Jan. 3, 6:00 a.m., free towing to the nearest exit will be available to those traveling with Class 1 or light vehicles,” it added. 

Meanwhile, Metro Pacific Tollways South said its tollways will be placed on heightened alert for the expected motorist surge with the holiday rush. 

“With the holidays fast approaching, the toll road operator foresees a 10-15% increase in traffic volume this December 2022 for its two concession expressways, Manila- Cavite Expressway (CAVITEX) including its C5 Link segment, and Cavite-Laguna Expressway (CALAX),” the company said in a separate statement. 

MPT South will implement its motorist assistance program during holiday peaks across its high-speed road networks.   

For CAVITEX and C5 Link, this will be done in partnership with its joint-venture partner, Philippine Reclamation Authority through its operating subsidiary, PEA Tollways Corp., the company said.  

Metro Pacific Tollways Corp. is the tollway unit of Metro Pacific Investments Corp. (MPIC).  

MPIC is one of three key Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT Inc. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in BusinessWorld through the Philippine Star Group, which it controls. — Arjay L. Balinbin 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Your daily news source covering investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.

Disclaimer:

TheProficientInvestor.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 TheProficientInvestor. All Rights Reserved.

To Top