GMA News
Extended concession deal with SMC eyed amid free Skyway toll due to EDSA rehab
The Department of Transportation (DOTr) is considering extending San Miguel Corporation's (SMC) concession for Skyway Stage 3 to compensate for revenue lost during the toll-free period.
This toll holiday was implemented to allow motorists to use the elevated road while the EDSA rebuild is ongoing.
President Ferdinand "Bongbong" Marcos Jr. rejected proposals to increase Skyway fees following the toll holiday.
DOTr Secretary Vince Dizon stated that discussions are underway to find fair and reasonable reprieves for SMC, with an extension of the concession term being a primary option.
SMC Infrastructure Corporate Affairs Office Head Melissa Encanto Tagarda expressed the company's support for the government's plans, provided the solutions are fair to San Miguel.
Topics in this story
Explore more stories about these topics.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
The Department of Transportation (DOTr) announced that the major rehabilitation of EDSA will commence in mid-June, a project expected to last for approximately two years.
Read more →
Metro Pacific Tollways Corp. (MPTC) and San Miguel Corporation (SMC) will offer a toll holiday for the NLEX Connector and Skyway Stage 3, respectively, for the entire duration of the EDSA rebuild.
+2
Read more →
The Department of Transportation (DOTr) and Metropolitan Manila Development Authority (MMDA) are implementing traffic management measures for the upcoming rehabilitation of EDSA.
+1
Read more →