115 participants attended the Office of Transportation Cooperatives’ (OTC) forum on Public Utility Vehicle Modernization Program (PUVMP), including guests from the Land Transportation Franchising and Regulatory Board, Land Transportation Office, Landbank of the Philippines-General Santos City (LBP GenSan) Chapter, Development Bank of the Philippines (DBP), City Transportation and Traffic Management Office, and General Santos City local government.
The PUVMP forum was led by Celino Geronimo from the OTC. He explained the necessary details of the PUVMP from consolidation of the industry to fleet management.
Geronimo turned over the discussion to Fresnel Sarto of the LBP-GenSan and Jannett Ariel-Lawa of the DBP for the financial assistance aspect of the program.
OTC Chairman Emmanuel Virtucio delivered the closing remarks during the program. He urged the transport service cooperatives to abide by the rules and regulations of the government regarding franchises and ensured them that the OTC is ready to assist them throughout the PUVMP implementation.