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The Toll Regulatory Board is a Philippine government agency that regulates all toll roads in the Philippines. The TRB was created by virtue of Presidential Decree (“P.D.”) No. 1112 or the Toll Operation Decree.
The Toll Regulatory Board regulates all toll roads, while the Department of Public Works and Highways plays a crucial role in the planning, design, construction, and maintenance of infrastructure facilities, including expresssways.
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All the expressways in the Philippines are privately maintained under concession agreements either with the Department of Public Works and Highways or the Toll Regulatory Board through build–operate–transfer (BOT) arrangements. At present, there are 15 expressways in the Philippines that connect Metro Manila to northern and southern Luzon ...
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On July 26, 1996, the Toll Operation Agreement between the Republic of the Philippines (acting through the Toll Regulatory Board), Public Estates Authority and UEM-Mara Philippines Corporation was signed. It was under this Agreement that PEA Tollway Corporation (PEATC) was created.
The project is being built at the cost of ₱15 billion, and is a joint project of the Philippine Reclamation Authority, Toll Regulatory Board, and Cavitex Infrastructure Corporation, a subsidiary of Metro Pacific Investments Corporation. Currently operational between Taguig and near E. Rodriguez Avenue in Parañaque only, its remaining segment ...
According to the Toll Regulatory Board Executive Director Alvin A. Carullo, the P81.53-billion PAREX "is still on the table" for further evaluation in its final engineering design process. On May 27, 2024, in a PSE disclosure, Ang announced the company is still conducting a viability study of the project. "We cannot [withdraw], We are ...