Senate: Transport execs 'not ready' for jeepney modernization

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Senate: Transport execs 'not ready' for jeepney modernization
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Senator Joel Villanueva pointed out that only around 8.8% of route plans have been approved, or 139 local public transport route plans (LRTRP) out of an expected 1,575 LRTRPs across all local government units.

However, Poe said that extended deadlines would still fail if the LTFRB itself was not ready, particularly with its planned route rationalization for jeepneys..Thank you, at least you’re making an effort,

Senator Joel Villanueva pointed out that only around 8.8% of route plans have been approved, or 139 local public transport route plans out of an expected 1,575 LRTRPs across all local government units. A representative from the Development Bank of the Philippines also confirmed that only transport cooperatives or corporations with an LRTRP can avail of loans for modern jeepneys, which can cost up to P2.8 million. So far, the state-run bank only handed out loans to103 cooperatives and corporations.

While leaders of other cooperatives did share that consolidation allowed them to operate more efficiently and also modernize their fleet, Valbuena countered that not all operators are fortunate enough to have viable routes.

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