Jamaica Gleaner / TransJamaican Highway Limited, the concession holder for Highway 2000 East-West is now pulling in revenues above $8.8 million daily for Portmore, St Catherine, according to Wednesday Business estimates and data provided by the company in November.
Guillaume Allain, managing director of the company, said revenue grew in the range of five to 10 per cent in the last year, although declining to share turnover.
The company, which was started in 2002, now employs 200.
The tolled road network comprises T1, a 43.5-kilometre stretch between Kingston and May Pen, Clarendon, with a connection through to Spanish Town, St Catherine; and T2, a 6.4-kilometre stretch which runs between Kingston and Portmore.
Highway 2000 East-West is a network of Jamaican tolled roadways developed by Transjamaican Highway and operated by Jamaican Infrastructure Operator (JIO). The first toll plaza was opened at the Vineyards in St Catherine in 2003, followed by another in Spanish Town, St Catherine, in 2004, Portmore in 2006, and Mineral Heights near May Pen in 2012.
Allain told Wednesday Business that the company continues to see increased usage year after year, with fully one-third of clients having migrated to the T-Tag system which provides ease of use and discounts.
“Concerning our traffic numbers, Portmore processes daily traffic of about 30,000-40,000 vehicles,” he said. “This plaza has the highest traffic volume of all toll plazas, followed by the plazas at Vineyards and May Pen, and then Spanish Town.”
Allain said that ease in congestion on the highway was due to use of the T-Tag system, but “we also credit the Highway and Traffic Division of the police force, which has increased its efforts in reinforcing proper road usage by motorists approaching the toll plaza.”
With the lowest toll charge being $220 for one-way passage for the Portmore toll, Wednesday Business calculates that revenue from that plaza is now above $8.8 million per day, representing inflows for one passage and assuming that all vehicles were paying the lowest toll rate of $220.
Many users of the Portmore toll travel both ways each day.
Rates for Portmore are $220 for class one vehicles, $350 for class two and $670 for class three.
For Spanish Town, class one rates are $160, class two $240 and class three $440.
For the Vineyards plaza, class one rates are $440, class two, 640, and class three, $1,210, while for Mineral Heights class one rates are $110, class two, $180, and class three, $360.
Allain said that “throughout the year, we have been using various tools to communicate with our customers to encourage greater usage of the T-Tag, which results in greater benefits, (which) include cashless passage, passing even quicker through the toll plazas, and not having to go through the manual lanes which takes a longer time to process, gaining more control by tracking and managing toll expenses, viewing account balance and topping up online and benefiting from the frequent-user rewards programme.”
The rewards programme is offered to class one and two motorists of the Portmore and Spanish Town legs. For users, the 10th passage is free and customers get back 10 per cent of every trip after that within the same week.
La compraventa de inmuebles como Torre Agbar, Xanadú y el Edificio España aumenta un 70% la inversión en el primer semestre hasta los 6.000 millones de euros. La inversión inmobiliaria vuelve a registrar cifras récord en el mercado español. A falta de apenas cuatro días del cierre del semestre, la compraventa de edificios y solares…
san fernando Prime Minister Dr Keith Rowley prayed with members of the Muslim community and distributed zakat (charity) to the needy as he celebrated Eid-ul-Fitr at two masjids in San Fernando yesterday. He attended the Eid services on an invitation from Minister of Local Government Kazim Hosein, who is also referred to as a…
gasparillo The mother of a disabled child was shot dead inside her apartment in Gasparillo yesterday. Ornella Philips, 28, was shot once in the chest. Her body was discovered lying in the living room around 10 a.m. The country’s murder toll now stands at 243. Her eight-year-old daughter, Kayla, has cerebral palsy and depends…
ISTANBUL (AP): Turkish police stopped activists for lesbian, gay, bisexual, trans and intersex rights from gathering in large numbers for an LGBT Pride event in Istanbul yesterday, but smaller groups made impromptu press statements, defying a ban imposed by the governor. Organisers of the 2017 Istanbul LGBTI+ Pride had vowed to march in central Taksim…
LONDON (AP): The list of high-rise apartment towers in Britain that have failed fire-safety tests grew to 60, officials said yesterday, revealing the mounting challenge the government faces in the aftermath of London’s Grenfell Tower fire tragedy. All of the buildings for which external cladding samples were so far submitted failed combustibility tests, Communities Secretary…
BAHAWALPUR (AP): Alerted by an announcement over a mosque’s loudspeaker that an overturned tanker truck had sprung a leak, scores of villagers raced to the scene with fuel containers yesterday to gather the oil. Then the wreck exploded, engulfing people in flames as they screamed in terror. At least 153 men, women and children were…
WASHINGTON (AP): Making a final push, United States President Donald Trump said he doesn’t think congressional Republicans are “that far off” on a health overhaul to replace “the dead carcass of Obamacare”. Expressing frustration, he complained about “the level of hostility” in government and wondered why both parties can’t work together on the Senate bill…
While reliving the horrors experienced by so many families after another spate of bizarre violence across the country last week, I couldn’t help but picture Tourism Minister Ed Bartlett’s rictus grin plastered on television screens while the elderly and even suckling babes were being gruesomely slaughtered inside their homes. While the rest of us were…
- 13 December, 2017 New Venezuelan oil minister: Gas for T&T by 2022*
- 13 December, 2017 Consider regulating bank fees*
- 13 December, 2017 Moody’s: Climate change threatens T&T’s credit profile*
- 13 December, 2017 Is Mr Lee-Chin’s offer disrespectful?*
- 13 December, 2017 Infant girl dies during shooting involving soldier
- 13 December, 2017 Annie Paul | Art and artifice
- 13 December, 2017 Renaissance returns with epic Christmas party
- 13 December, 2017 Heart Institute adding new wing, national network of heart stations
- 13 December, 2017 Aubyn Hill appointed EGC chief executive – Targets 2.3 per cent growth by next year
- 13 December, 2017 Plans being finalised to accommodate Christmas shopping and vending