Gov. Ejercito calls for moderation in Slex toll rate hikes
By Pat C. Santos 12/21/2010STA. CRUZ, Laguna — Laguna Gov. Jeorge Ejercito Estregan called for the moderation of the impending 250% to 300% toll fee increase in the South Luzon Expressway (Slex) to minimize social and economic impact in Laguna province.
The call was made after the Supreme Court (SC) lifted the temporary restraining order (TRO) last April 13 which was issued based on the petition to stop the implementation of the looming toll fee increase.
Ejercito said that such substantial increase in toll charges would result in higher transport costs, generating negative impact on the economic growth of the entire province. Cost of basic products may likewise be affected as a result of increased transport costs.
He said that while the operation of Slex has been helpful in bringing more tourists, business industries and other investors to reach their destination conveniently, the toll hike when it will be implemented on January 2011, it would be detrimental to the tourism sector and economic assets of the province..... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/nation/20101221nat9.html
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