MANILA -- Jeepney drivers will be given a three-year window, or until 2021, to upgrade their vehicles, a transportation official said Tuesday.
The Department of Transportation gave similar assurances to drivers at a Senate hearing on Monday, said the agency's Assistant Secretary for Road Transport and Infrastructure, Mark De Leon.
"Within that period, walang sapilitan iyung modernization natin," he told radio DZMM.
(Within that period, no one will be forced to modernize their jeepney.)
Brand new jeeps cost around P900,000 to P1 million, while electric ones retail for about P1.5 to P1.8 million, he said.
The government will give drivers and operators a subsidy of P80,000 for the new units. They will also be offered loans payable for 7 years at an interest rate of 6 percent, De Leon said.
Several transport groups have opposed the scheme through protest rallies, saying they cannot afford the new units.
DZMM, 9 October 2018