LTFRB assures continuity of franchise consolidation : vimars

LTFRB assures continuity of franchise consolidation


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December 18, 2020
THE Land Transportation Franchising and Regulatory Board (LTFRB) assured the continuous franchise consolidation in line with the government’s public transport modernization.
Chairman Martin Delgra explained the LTFRB at present is applying a timeline and not a deadline for transport associations in the country to undergo franchise consolidation.
“There is what is called a PA or Provincial Authority that will replace the individual franchises, which means they will continue to exist. However, they would have to consolidate and become a cooperative just like the Cordillera Basic Sectors Transport Cooperative because other groups may surpass them who are willing, qualified and capable of running a route. But we have a plan and this is not a deadline but a timeline,” Delgra said.

Related Keywords

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