Albay 2nd District Joey Salceda has suggested that ample support be given to local jeepney manufacturers as the government looks to modernize jeepneys, saying that Filipino-made vehicles can be efficient and environment-friendly. | GabrielLaluINQ
“If we can bring the cost of the unit to P600,000 to P1 million, that becomes more realistic for both the jeepney operator, and on a cost-benefit basis. I think the domestic manufacturing sector can do it. But we need to support them,” he added.
According to the lawmaker, the return on investment for jeepneys costing around P600,000 to P1 million will be around seven and a half years. Furthermore, Salceda said that the design of the traditional jeepneys, easily recognized as distinctly Filipino, should not be lost. “By that figure, you bring ROI to around 7.4 years. Otherwise, with these supposedly modern but still very expensive jeepneys, you run into the same problem,” he said.
“When the time comes to retire these ‘modern’ jeepneys, operators will not do so, because they have not recouped their costs. No one is talking about that. We should also not sacrifice the fact that the jeepney is iconic. Domestic manufacturers can do it in style,” he added.
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