The new deadline for the consolidation of PUVs - a key component of the PUV modernization program (PUVMP)-is April 30, the Presidential Communications Office (PCO) said yesterday.
"President Marcos has approved a recommendation of Transportation Secretary Jaime Bautista, granting an additional three months until April 30, for the consolidation of public utility vehicles," PCO Secretary Cheloy Garafil said in a statement.
"This extension is to give an opportunity to those who expressed intention to consolidate but did not make the previous cut-off," Garafil added.
Under the PUVMP, transport cooperatives will be created and entitled to benefits like state subsidies and access to credit facilities to aid in modernizing their fleets and run them in a "systematic and predictable manner." The deadline for the consolidation of PUVs lapsed last Dec. 31.
Initially, PUVs that did not consolidate their franchises before the deadline were permitted to ply select routes only until the end of this month.
About 38,000 out of the more than 150,000 PUVs have not undergone consolidation.
This story is from the January 25, 2024 edition of The Philippine Star.
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This story is from the January 25, 2024 edition of The Philippine Star.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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