Federation of Cebu Transport Cooperatives Denies Slow Franchise Consolidation Process

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Federation of Cebu Transport Cooperatives Denies Slow Franchise Consolidation Process
Federation Of Cebu Transport CooperativesFCTCLand Transportation Franchising And Regulatory Bo
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The Federation of Cebu Transport Cooperatives (FCTC) and the Land Transportation Franchising and Regulatory Board Central Visayas (LTFRB 7) have denied allegations by transport group Pagkakaisa ng mga Samahan ng Tsuper at Opereytor Nationwide (Piston) Cebu that the franchise consolidation process under the Public Utility Vehicle Modernization Program (PUVMP) has been slow or that they are to blame for this.

THE Federation of Cebu Transport Cooperatives and the Land Transportation Franchising and Regulatory Board Central Visayas have denied allegations by transport group Pagkakaisa ng mga Samahan ng Tsuper at Opereytor Nationwide Cebu that the franchise consolidation process under the Public Utility Vehicle Modernization Program has been slow or that they are to blame for this.

Meanwhile, Maghanoy said the progress of the PUVMP, which was launched in 2017, has been delayed due to the constant extension of the deadline of the consolidation.Under the PUVMP, operators, particularly those with fleets of traditional jeepneys, are mandated to join or create transport cooperatives or corporations through a consolidation process.“The President himself has said there won’t be an extension.

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Federation Of Cebu Transport Cooperatives FCTC Land Transportation Franchising And Regulatory Bo LTFRB 7 Pagkakaisa Ng Mga Samahan Ng Tsuper At Opereytor Piston Franchise Consolidation Public Utility Vehicle Modernization Program PUVMP

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