3 weeks Govt, Landbank seal deals for transport projects Manilatimes |Biz
The government and Land Bank of the Philippines (LandBank) on Monday sealed six deals for the country’s transportation system. The programs are the North-South Commuter Railway Extension (NSCR-Ex) Appraisal Project; Resettlement Action Plan Entitlements Distribution Mechanism; Distribution of Cash Subsidy for Operators; Automatic Fare Collection System–Pilot Production Testing, Support Package for Environment-friendly and Efficiently-Driven PUV (Speed PUV) Program; and the Interim Rehabilitation Support to Cushion Unfavorably-affected Enterprises by Covid-19 (coronavirus disease 2019) for Better Urban Services (I-Rescue Bus) Transport Lending Program. PUV stands for public utility vehicle. The agreements were formalized during a virtual signing, led by Transportation Secretary ... more