Nlex sets capital spending for 2022
EXPRESSWAY operator Nlex Corp. plans to spend P1.2 billion on capital investments this year to enhance and maintain the North Luzon expressway (Nlex) System.
Nlex Corp. President Luigi L. Bautista said the capital outlays will be used for various initiatives to upgrade its infrastructure, toll collection system, and account management system.
These include the upgrade of the expressway’s core system and equipment, providing for a faster processing of lane transactions for RFID users, which constitute 70 percent of the expressway’s customers.
“We keep on investing in innovative solutions to make our processes more efficient and most importantly, make the experience of our motorists more pleasant and comfortable as possible,” Bautista said.
Aside from conducting software upgrades and system migration, Nlex Corporation will also replace its toll system equipment within the year.
Roughly 100 toll system equipment along the Nlex will be upgraded such as toll fare indicators, lane status indicators, traffic control gates, automatic vehicle classification devices, and loop detectors.
Likewise, the company will also equip its toll plazas with new traffic control gates, automatic vehicle classification devices, lane status indicators, and loop detectors, boosting operational efficiency and transaction accuracy.
Nlex Corp. started the upgrading program last year, when, Bautista said, the expressway operator deployed “new technology devices.”
he added that the “currently upgraded system has significantly improved the RFID transactions from reloading to checking of account balances after passing at the lanes.”