THE Manila North Tollways Corp. (MNTC) is eyeing a 15-percent increase in toll fees to help defray revenue losses.
“We are still waiting for feedback from the TRB (Toll Regulatory Board). We have a pending petition for 11-plus percent increase, then we submitted a new petition for 3.5-percent hike, so with the two petitions we filed, it’s about 15 percent increase combined,” said Rodrigo Franco, MNTC president and chief executive officer.
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