By Leslie D. Venzon
MANILA, July 21 (PNA) — Conglomerate Ayala Corp. (AC) and operators of toll roads located in south of Manila on Tuesday signed an agreement to implement a single-ticketing system for Muntinlupa-Cavite Expressway (MCX) and the South Luzon Expressway (SLEX) that will ensure road users can travel seamlessly into these expressways.
AC said its 80 percent-owned subsidiary MCX Tollway, Inc. (MCXI), South Luzon Tollway Corporation (SLTC) and Manila Toll Expressway Systems, Inc. (MATES) signed the interoperability agreement of the MCX and SLEX and the addendum to the agreement.
“The MOA (memorandum of agreement) on interoperability and the addendum provide the framework that will govern the interface and integration of the technical operations and toll collection systems between MCX and SLEX,” it told the local bourse.
MCX, formerly known as the Daang Hari-SLEX connector road, is Ayala Corp.’s first toll road project under the Philippine government’s public-private partnership (PPP) program.
It is a vital access road that links the rapidly growing city of Muntinlupa and the province of Cavite to Metro Manila and the rest of Southern Luzon.
MCXI, which is 80 percent owned by AC and 20 percent by Getinsa Ingeniera, SL is the facility operator of the MCX.
On the other hand, SLTC is a subsidiary of San Miguel Corp. and is the grantee of the concession to finance, design and construct the SLEX, while MATES is the grantee of the concession to operate the SLEX.
MATES and MCXI also executed on Tuesday a toll collection services agreement, under which MATES was appointed a sub-contractor of MCXI for the provision of toll collection services for the MCX toll plaza. (PNA)