TRANSPORT firm Grab Philippines on Monday said it supports the recently-signed PUV Modernization Program is willing to help displaced PUV drivers by training and financing the purchase of loanable but modern cars.
“Grab Philippines strongly supports the transportation department’s efforts for PUV Modernization. We believe that it is the first step towards a real multi-modal transport system through the coming together of both the national government and the local government unit,” Grab Philippines country head Brian Cu said in a press briefing in Makati City.
“To further achieve this, we think the technology such as Grab’s could help really in realizing a future multi-modal transport in tensed urban cities such as in Metro Manila,” he added.
The company has discussed its intention to help train PUV drivers the Grab drivers are trained. Grab also is also willing to help operators and finance the modernization of their jeepneys, as well as set up lease-to-own programs for modern PUVs.
“I don’t think displacing jeepneys is the solution, because they’re displacing the mode of commute,” Cu said.
“So it’s really help and support them. That’s why we mentioned financial support that we could provide PUV operators,” he added.
Grab said the financial resources would likely involve other companies. “It wouldn’t just be us. It would be a syndicated resource.”
No amount of funding has yet been disclosed. “It is part of the corporate social responsibility, but we consider it as a double-bottom line company,” Cu said.
The Department of Transportation and the Land Transportation Franchising and Regulatory Board launched the PUV Modernization Program yesterday.