The administration is eyeing the privatization of two main transportation systems in Metro Manila – the EDSA busway and the Ninoy Aquino International Airport.What exactly does this mean for Filipinos?
The administration is eyeing the privatization of two main transportation systems in Metro Manila – the EDSA busway and the Ninoy Aquino International Airport .Meanwhile, Transportation Secretary Jaime BautistaAside from the carousel and the airline terminal, proposals to privatize other transportation means such as the Metro Rail Transit and the Philippine National Railways have also floated in the past years.
Added earnings from increased fares, however, could also be used to rehabilitate the government-owned assets.A main part of privatizing government assets is to lighten the financial load from the administration as a public-private partnership means private industries also shoulder expenses for maintaining and upgrading the systems.
Bautista previously told reporters that the allotted funds for service contracting would not be enough to continue the Libreng Sakay program. “If all the stakeholders cooperate, there will be efficiency in the operations, so instead of the bus operators competing with each other, it will be one group operating as one,” he explained.
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