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MANILA, Philippines — The Land Transportation Franchising and Regulatory Board have introduced that 100,000 slots for each bikes and four-wheeled autos might be opened for Transportation Community Car Companies (TNVS).
These slots might be accessible to all Transport Community Corporations (TNCs) and the announcement has come after a transport group claimed that the TNVS will solely be provided completely to at least one TNC.
Earlier than the issuance of the coverage tips on these slots, public hearings with totally different stakeholders and deliberations with the Division of Transportation (DOTr) might be carried out.
The awarding of those slots might be given due consideration and unfold out to different areas particularly within the Visayas and Mindanao, with a purpose to profit commuting in these areas.
“The LTFRB believes that the opening of franchise slots will be capable to assist present the general public with extra job alternatives, except for a extra sturdy public transportation service,” the LTFRB stated in a press release.
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JPV/abc
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