Slex Project Electronic.Ppt Oct12010

SLEX REHABILITATION AND
UPGRADING PROJECT
PRIMER

SLEX : SKYWAY – SLT & SLT EXTENSION -- STAR
SKYWAY
SLT
SLT
Extension
Sta. Rosa
STAR
Calamba
Alabang
Sto. Tomas

 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
Concession Terms

(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
PROJECT
COMPLETED
DEC 2008
COMPLETED
JUN 2009
COMPLETED
JUN 2010

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
Luzon Expressway.”

LINAWIN NATIN
ang issue sa
SLEX TOLL FEE

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.

TOLL FEE FOR SKYWAY ILALIM
0.76
.12

TOLL
ROADS
Length (km) Concession
Toll Rate
SKYWAY 10.1km(elevated)
13.5km (at-grade)
Citra Metro
Manila
P4.10/km
(at grade)
SLEX 28.3km (Ala-Cal)
7.6km (Extn.)
SLTC P0.76/km
STAR 42 km
(Sto.Tomas to
Batangas City)
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
(Sta. Rosa).

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.

TOLL FEE FOR SKYWAY ILALIM
2.12

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
obligations.
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
REHABILITATED SLEX
 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
schedules;
 Rapid property development in South
Luzon, leading to eventual decongestion of
Metro Manila.

P0.78/km
P9.09/km
P2.68/km
P5.80/km VOC
Toll fee
Old vs. NEW SLEX
P9.87/km P8.48/km Savings P1.39/km
Old
SLEX
New
SLEX

VOT
(value of
time)
VOC
(vehicle
operating
cost)
Toll fee
Class1 P162 P9.09/km P0.78/km
*Traffic Study on OLD SLEX
*Based on SLEX traffic study

Savings* on the 28.3km SLEX
VOT
(Saving about
36% of your
travel time,
comfortable
ride, etc.)
VOC
(Less car
maintenance,
fuel & oil
efficiency, tire
replacement,
etc.)
Net
Savings
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

Slex Project Electronic.Ppt Oct12010

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Slex Project Electronic.Ppt Oct12010