The Land Transportation Franchising and Regulatory Board (LTFRB) is pushing to institutionalize the Public Utility Vehicle Modernization Program (PUVMP) to make transport modernization a conventional program in the country.
Lawyer Robert Peig, Executive Director of LTFRB, raised this proposal during the #LagingHanda Public Briefing on Friday, Dec. 2.
Based on the latest data of LTFRB, Peig said there were at least 7,873 operators nationwide who have already availed of the PUVMP.
“Sa atin pong latest data, nasa 7,873 na po ang nakapag-modernize na. Tuloy-tuloy po ang LTFRB sa pag-proseso sa loan applications ng mga operators,” said Peig.
He added that with the processing of loans continuing to roll out, more modernized PUVs are soon flocking to the streets next year.
“And hopefully itong darating na taon madadagdagan pa po itong data natin ng modernized units.”
The Department of Transportation (DOTr) has revived the passage of modernized public utility vehicles after the project slowed to a halt during the Duterte administration because of the pandemic.
Modernized jeepney each amounting to P2.4 million makes jeepney operators halt from availing of the modernization program, according to some transport groups.
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102 Timog Avenue, Quezon City
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Mezzanine Floor Richwell Center
102 Timog Avenue, Quezon City
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