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300 members attend Southern Luzon Transpo Coop Congress

By Ruel Orinday December 7, 2019 TAYABAS CITY, Quezon - About 300 attendees composed of officers and members of different transport coope...

By Ruel Orinday
December 7, 2019


TAYABAS CITY, Quezon - About 300 attendees composed of officers and members of different transport cooperatives from Region-4A, Region 4B and Region-5 participated in the two-day Southern Luzon Transportation Cooperative Congress held recently at St. Jude Coop Hotel and Event Center.

Manuel Jose D. Camagay of the Office of the Transportation Cooperatives (OCT), also the project manager of the Public Utility Vehicle Modernization Program (PUVMP) said the congress was organized by the Office of the Transportation Cooperatives in response to the urgency to modernize the local public transportation to attain sustainable and livable community around an archipelago of high diversity.

According to OCT, the congress also aims to establish a collective position with appropriate strategies and plan actions for transport cooperatives to be active participants in the PUV modernization program, formulate a policy or legislative agenda to strengthen the competitiveness of transport cooperatives leading to their transformation into business organization and strengthen public private partnership and linkages with national government agencies and non-government organizations in the pursuit of TC program objectives.

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During the activity, LTO ASEC Edgar Galvante presented the Vehicle Road Worthiness Towards Public Safety while the DBP and LBP representatives discussed their lending programs and the LTFRB talked on the requirements and conditions of PUV modernization program.

Under the public utility vehicle modernization program, a transport cooperative may borrow up to P2M from the Land bank of the Philippines (LBP) or the Development Bank of the Philippines (DBP) to fund and acquire a modern vehicle. The loan will be paid by a cooperative at six percent interest per annum payable in seven years. Also, the transport cooperative should pay the five percent of the total amount of a modern vehicle as down payment or equity.

The PUVMP, one of the flagship program of the national government was launched in 2017 with the vision to make the country’s public transportation system efficient and environmentally friendly by 2020.

The Department of Transportation is the lead agency in the PUVMP implementation with the support of the Office of Transportation Cooperatives, LTO and other partners agencies including government banks such as LBP and DBP.

Meanwhile in a press conference held during the congress, PUV modernization program project officer Camagay urged local and national media practitioners in the province of Quezon to help them in promoting the public utility modernization program.

“We are seeking the assistance of our media partners to increase the level of awareness of our constituents particularly the jeepney drivers and operators on the implementation of the public utility vehicle modernization Act or the PUV modernization program,” Camagay said.

"The target date of the full implementation of the vehicle modernization program nationwide will be on June 2020," Camagay concluded. (Ruel M. Orinday-PIA-Quezon)

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