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HomeSportsLTFRB: New 100,000 TNVS slots are for bikes, 4-wheeled automobiles

LTFRB: New 100,000 TNVS slots are for bikes, 4-wheeled automobiles

The Land Transportation Franchising and Regulatory Board (LTFRB) on Thursday clarified that the 100,000 slots it opened for Transportation Network Vehicle Services (TNVS) will mostly for motorcycles and four-wheeled vehicles, and not just to one specific Transport Network Company (TNC).


MANILA, Philippines — The Land Transportation Franchising and Regulatory Board have introduced that 100,000 slots for each bikes and four-wheeled automobiles shall be opened for Transportation Community Automobile Providers (TNVS).

These slots shall be accessible to all Transport Community Firms (TNCs) and the announcement has come after a transport group claimed that the TNVS will solely be supplied solely to 1 TNC.

Earlier than the issuance of the coverage pointers on these slots, public hearings with totally different stakeholders and deliberations with the Division of Transportation (DOTr) shall be performed.

The awarding of those slots shall be given due consideration and unfold out to different areas particularly within the Visayas and Mindanao, to be able to profit commuting in these areas.

“The LTFRB believes that the opening of franchise slots will be capable to assist present the general public with extra job alternatives, other than a extra strong public transportation service,” the LTFRB mentioned in an announcement.


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