SLEX REHABILITATION AND
SLEX : SKYWAY – SLT & SLT EXTENSION -- STAR
Signed on Feb 01, 2006 (with approval from the
President of the Philippines)
Concession Period: 30 years from signing including
design and construction period.
Project Cost: P11.5Bn for Phase 1 (Tr1,2,3)
Internal Rate of Return: 18%
Opening Toll Rate (Tr1 and Tr2): P2.68/km/pcu.
The SLEX Contract
SLTC to undertake and finance all works required
for the SLEX Project, without sovereign guarantee.
SLTC to operate/maintain the expressway system
and its facilities following government standards
SLTC to recover its investment through the
collection of toll fees by its assigned operator the
Manila Toll Expressway Systems, Inc. (MATES),
over a 30-year concession period from February
2006 (signing of STOA and approval thereof by the
President of the Philippines) to February 2036
(Toll Road 1) ALABANG VIADUCT
- retrofitting 301 piers and footings
- total replacement and addition of new slabs
and girders (350 new girders)
- total replacement/widening of the bridge deck
from 6 to 8 lanes
(Toll Road 2) FILINVEST TO CALAMBA
reconstruction and widening from
- 4 to 8 lanes up to Sta. Rosa
- 4 to 6 lanes up to Calamba
- rehab of 15 bridges
(Toll Road 3) CALAMBA TO STO. TOMAS
construction of new 8 km, 4-lane toll road,
6 bridges, 2 overpasses, 1 flyover
THE SLEX REHABILITATION & UPGRADING
CHRONOLOGY OF OPERATIONS
May 22, 2010 -- MATES took over operations from
PNCC. Prior to this date SLTC-MATES had no
share in the toll fees collected by PNCC.
June 30, 2010 – Date of implementation of the new
toll rates; voluntarily moved to July 7, 2010 in
deference to inauguration of Pres. Aquino.
July 5, 2010 – Government through TRB asked for
postponement of new rate implementation. New
date was subsequently set for August 16, 2010.
August 13, 2010 – Supreme Court issued a TRO
on rate increase in SLEX.
“… effective immediately and
continuing until further orders
from this court…enjoining
you… from implementing the
toll rate increases in the South
Mali: Kumita na ang Operator ng
SLEX mula 2006 pa.
Tama: Noong Mayo 2, 2010 lamang
naningil ng toll fees ang SLTC
Bago nito, walang bahagi ang SLTC sa
toll fees na siningil ng PNCC hanggang
sa binitawan nila ang SLEX noong a dos
ng Mayo 2010.
Mali: Mahal ang toll fee sa SLEX.
Tama: SLEX toll fee ang pinakamababa sa
buong bansa… lalo na’t libre ang gamit ng
lahat na upgrades dito hanggang ngayon.
P0.76/km lang ang basic toll fee ng SLEX
Ito ang tamang singil para sa dating 4-lane,
walang ilaw at sirang SLEX noon.
Libre ang gamit ng dinagdag na 112 lane
kms, bagong ilaw, bagong viaducts at 14
tulay, median, etc. hanggang ngayon.
Length (km) Concession
SLEX 28.3km (Ala-Cal)
STAR 42 km
STAR Infra. P1.45/km
Magkano mula Nichols hanggang Calamba
gamit ang Skyway Ibaba?
Nichols – Alabang : P 65.00 (SKYWAY Ibaba)
Alabang – Calamba : P 22.00 (SLEX)
TOTAL: P 87.00
Sa kabuuang P87.00, P65.00 ang binabalik sa
Skyway at P22.00 ang naiiwan sa SLEX.
28% lang ng mga motorista ang bumabayad ng
P22.00. Karamihan ay dumadaan ng libre (Filinvest)
o bumabayad mula P4 (Susana) hanggang P13.00
Mali: “Exorbitant” ang maging dagdag
singil sa SLEX
Tama: Ang dagdag singil na inaprubahan
ng TRB ay P2.68 per km.
pangatlo sa kasalukuyang sinisingil ng
mga pribadong expressway.
Mas mababa pa kay sa singil ng Skyway
Ilalim at Coastal Road.
The SLEX toll rates among the Lowest
The approved toll rates for the SLEX are among
the lowest among purely privately financed toll
roads in the Philippines.
• STAR: P1.43/km/pcu (partly government funded)
• SCTEX: P2.00/km/pcu (purely govt. funded)
• NLEX: P2.12/km/pcu (purely private funded)
• SLEX: P2.68/km/pcu -do-
• COASTAL: P3.34/km/pcu -do-
• SKYWAY: P4.84/km/pcu -do-
Current toll fee of P 0.76 centavos per
km. cannot sustain SLEX financial
Collection -- P2.6M/day.
Operating exp -- P2.2M/day.
Debt servicing -- P1.9M/day.
SLTC creditors-- P1.6M/day.
Shortfall -- P3.1M/day.
• SLTC incurs daily losses of P6M
• SLTC cannot pay bank loans & interest
• SLTC can no longer provide appropriate
level of service nor maintain additional
lanes, and facility upgrades now being
used for free.
• Investor cannot recover investments
• Future investors will be discouraged
Kung mananatili sa 76 centavos
ang toll fee sa SLEX…
BENEFITS FROM THE
Travel time reduced from 1 hour to 21
minutes -- Sto.Tomas to Alabang
Vehicle maintenance costs reduced from
P9.09 /km to P5.80 /km.
Enhanced movement of landed and export
goods, better compliance with shipping
Rapid property development in South
Luzon, leading to eventual decongestion of
Old vs. NEW SLEX
P9.87/km P8.48/km Savings P1.39/km
Class1 P162 P9.09/km P0.78/km
Class2 P104 P25.74/km P1.51/km
Class3 P9 P27.71/km P2.27/km
*Traffic Study on OLD SLEX
*Based on SLEX traffic study
Savings* on the 28.3km SLEX
36% of your
fuel & oil
Class1 P60.10 P39.32 P99.42
Class2 P31.21 P203.23 P234.44
Class3 P1.92 P202.08 P204.00
*Based on SLEX traffic study
…good roads built strong nations.
South Luzon Tollway Corporation