Public Utility Vehicle Modernization Program

The Public Transport Modernization Program (PTMP), formerly and still commonly referred to as the Public Utility Vehicle Modernization Program (PUVMP), is a program made by the <a href="/facts/Department_of_Transportation_(Philippines)/wo5PdD34">Department of Transportation</a> (DOTr) of the Philippines in 2017, with the goal of making the country's public transportation system efficient and environmentally friendly by 2020. The program calls for the phasing-out of <a href="/facts/Jeepney/npRDb21c">jeepneys</a>, buses, and other public utility vehicles (PUVs) that are at least 15 years old and replacing them with safer, more comfortable and more environmentally-friendly alternatives over the next three years. As of project inception, there were around 220,000 jeepney units operating throughout the country. The program also calls to all PUV Drivers and Operators to join or form a Transport Cooperative.
Replacement vehicles are required to have at least a <a href="/facts/Euro_4/uPnvP1BL">Euro 4</a>-compliant engine or an electric engine to lessen pollution. Some proposed requirements include <a href="/facts/CCTV/1JCtvSmx">CCTV</a> cameras, an automated fare collection system, speed limiters and <a href="/facts/Satellite_navigation_device/MmeJ3XWK">GPS</a> monitors.
The <a href="/facts/Land_Bank_of_the_Philippines/wB3tSG9W">Land Bank of the Philippines</a> estimates that each jeepney replacement will cost around ₱2.4 million to ₱2.6 million. However, based on an interest rate of 6% per annum and a payment period of 7 years, the actual cost of a jeepney reaches ₱2.1 million.
While reception among the general populace has been positive, some transport groups have criticized the program as it might lead to losses of jobs and businesses.

Public Utility Vehicle Modernization Program open-in-new

Public Utility Vehicle Modernization Program