DOTr says with 83% consolidation rate, no need to suspend PUV modernization program | ABS-CBN
ADVERTISEMENT
Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!
DOTr says with 83% consolidation rate, no need to suspend PUV modernization program
DOTr says with 83% consolidation rate, no need to suspend PUV modernization program
Progressive groups hold a protest near the Batasan Pambansa along Commonwealth Avenue in Quezon City during President Ferdinand 'Bongbong' Marcos Jr.'s 3rd State of the Nation Address (SONA) on Monday, July 22, 2024. Larry M. Piojo, ABS-CBN News
Progressive groups hold a protest near the Batasan Pambansa along Commonwealth Avenue in Quezon City during President Ferdinand 'Bongbong' Marcos Jr.'s 3rd State of the Nation Address (SONA) on Monday, July 22, 2024. Larry M. Piojo, ABS-CBN NewsMANILA — The Department of Transportation (DOTr) on Wednesday assured President Ferdinand Marcos Jr. that there is no need to halt the implementation of the Public Transport Modernization Program (PTMP), a day after the Senate filed a resolution pushing for its suspension.
MANILA — The Department of Transportation (DOTr) on Wednesday assured President Ferdinand Marcos Jr. that there is no need to halt the implementation of the Public Transport Modernization Program (PTMP), a day after the Senate filed a resolution pushing for its suspension.
In an interview with ABS-CBN News, DOTr Undersecretary Andy Ortega said that based on the agency’s final figures, the nationwide consolidation rate after the April 30 deadline reached 83 percent, which he said was more than enough.
In an interview with ABS-CBN News, DOTr Undersecretary Andy Ortega said that based on the agency’s final figures, the nationwide consolidation rate after the April 30 deadline reached 83 percent, which he said was more than enough.
“Dalawang grupo na lang po ang natirira na talagang ayaw sumama sa konsolidasyon among the hundreds of transportation cooperatives, hundreds of transportation cooperations,” he said.
“Dalawang grupo na lang po ang natirira na talagang ayaw sumama sa konsolidasyon among the hundreds of transportation cooperatives, hundreds of transportation cooperations,” he said.
Ortega also addressed the financing concerns stated in the senate resolution, which was signed by majority of senators.
Ortega also addressed the financing concerns stated in the senate resolution, which was signed by majority of senators.
ADVERTISEMENT
FINANCING FOR MODERN JEEPNEY UNITS
It stated that many jeepney drivers and operators are against the program because of the high cost of modern jeepney units.
It stated that many jeepney drivers and operators are against the program because of the high cost of modern jeepney units.
“Mismong Landbank officials, mismong DBP (Development Bank of the Philippines) officials ang nagsabi na yung amount na P2 million cost ay napakataas. Magkano kita (ng jeepney drivers)? Average P650 a day. That is absurd,” said Senator Joel Villanueva in a press conference.
“Mismong Landbank officials, mismong DBP (Development Bank of the Philippines) officials ang nagsabi na yung amount na P2 million cost ay napakataas. Magkano kita (ng jeepney drivers)? Average P650 a day. That is absurd,” said Senator Joel Villanueva in a press conference.
But Ortega said the DOTr has already requested for a bigger budget of P2.9 billion for equity subsidies from the current P1.3 billion peso allocation.
But Ortega said the DOTr has already requested for a bigger budget of P2.9 billion for equity subsidies from the current P1.3 billion peso allocation.
“Mas malaki po ang kailangan natin for 2025 and definitely lalaki pa po yan sa 2026, 2027, hanggang 2030 because papunta na po tayo sa panahon ng pag-aacquire ng modern vehicles so we are asking our friends in Congress na tulungan natin ang ating sector para magkaroon ng tamang tulong to go into this transition to a better system,” explained Ortega.
“Mas malaki po ang kailangan natin for 2025 and definitely lalaki pa po yan sa 2026, 2027, hanggang 2030 because papunta na po tayo sa panahon ng pag-aacquire ng modern vehicles so we are asking our friends in Congress na tulungan natin ang ating sector para magkaroon ng tamang tulong to go into this transition to a better system,” explained Ortega.
Ortega admitted that from the agency’s original P2.9 billion request, only less than a billion was approved by the Department of Budget and Management (DBM) due to fiscal constraints.
Ortega admitted that from the agency’s original P2.9 billion request, only less than a billion was approved by the Department of Budget and Management (DBM) due to fiscal constraints.
But he’s hoping lawmakers can help remedy this.
But he’s hoping lawmakers can help remedy this.
“Sana mahingi pa natin ng mas malaki once tumakbo na yung proseso natin sa Kongreso,” he said.
“Sana mahingi pa natin ng mas malaki once tumakbo na yung proseso natin sa Kongreso,” he said.
Ortega said the agency is also in talks with other financial institutions in the hopes that they would be willing to provide additional financing for transport cooperatives and corporations.
Ortega said the agency is also in talks with other financial institutions in the hopes that they would be willing to provide additional financing for transport cooperatives and corporations.
RELATED VIDEO:
Read More:
suspension of jeepney modernization program
Department of Transportation
consolidation
Senate
ADVERTISEMENT
ADVERTISEMENT
