Meanwhile, the Maharlika Investment Corporation is 'very interested' in Francisco Motor's unli jeepney rides program and has agreed to fund the development of its first jeepney terminal
This is AI generated summarization, which may have errors. For context, always refer to the full article.Elmer FranciscoMeanwhile, the Maharlika Investment Corporation is 'very interested' in Francisco Motor's unli jeepney rides program and has agreed to fund the development of its first jeepney terminal
Jeepney operators will then accept passengers with unlimited ride tickets, although operators can still get direct payments from commuters without the unli ride pass. Jeepney operators are entitled to a share of Francisco Motors’ sales of its unli ride tickets. The transport corporation or cooperative will also retain ownership over its franchise and Francisco Motors’ jeepneys, which will remain free as long as they stay in the program.
By late February, Francisco Motors said they were ready to do a pilot for three months starting March 1. The plan was to partner with a transport cooperative and replace its 28 old jeepney units, which cover a 4-kilometer route from Merry Homes in Caloocan City to Sta. Monica Shop and Ride in Novaliches, Quezon City.
More than two weeks later and past the April 1 target day, Francisco aired out his frustrations with the government during the jeepney modernization roundtable. The DOTr also urged Francisco Motors to submit an application for a certificate of compliance for their modern jeepney model. Regarding the unli ride and fleet management proposal, Guadiz said that current LTFRB guidelines require fare collection to be based on distance and service area. Francisco Motors doesn’t have the authority to set its own fares under the proposed program.
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