The Local Toll Regulatory Council (LTRC) has authorized the implementation of the toll rates approved by the LGU-grantors based on the concession agreement for the Cebu-Cordova Link Expressway (CCLEX), the firm managing the iconic bridge said in a statement on Friday.
The approved rates for the CCLEX are:
PHP90 for Class I vehicles such as cars, jeepneys, pick-ups, vans, and motorcycles. The Cebu-Cordova Link Expressway Corp. (CCLEC), however, is still looking into how much of a discount to give for motorcycles.
PHP180 for Class I vehicles above 7ft in height (except when the top loads are recreational equipment such as bikes, surfboards, and the like which must be securely fastened and not intended for commercial use).
PHP180 for Class II vehicles such as light trucks, tourist/school and public utility buses.
PHP270 for Class III vehicles such as heavy and multi-axle trucks and trailers.
“The CCLEX has a separate lane for bicycle riders and pedestrians. It is free to use,” said CCLEC, developer of the bridge.
A study by the Center for Social Research and Education of the University of San Carlos found that the CCLEX “is expected to contribute to the socio-economic development not only of the municipality of Cordova and Cebu City, but also the adjacent cities of Lapu-lapu and Mandaue, as well as cities and municipalities in the southern part of the Province of Cebu.”
The study cited key benefits to include reduced travel time.
“Even with a toll fee, motorists are seen to benefit in terms of time saved,” the study said.
The study also said that CCLEX will decongest Cebu City and Mandaue City and have “positive implications in the movement of products from the various factories in these cities.”
It will also boost Cebu’s economic growth.
“The CCLEX will be a catalyst to bring about socio-economic development in their municipality as they would already be accessible without having to pass through Lapu-lapu City and Mandaue City. In fact, land values in their municipality have already started to increase. An updated land use plan has already been approved,” the study said.
Another key benefit of the CCLEX, according to the study, is its direct link to southern Cebu and its many tourist destinations.
Source: Philippines News Agency