Saturday, February 6, 2010

LTFRB Calls for More Taxi Investors

Alberto Suansing, Land Transportation Franchising and Regulatory Board (LTFRB) Chair calls for more Taxi investors to meet the demand of Metro Manila's growing number of commuters.  Around 6,000 taxi franchise are available which would replace the slots of abandoned taxi franchises since 2007.

Interested investors are enjoined to open a taxi fleet service with the requirements of Php 4 million as "show money", ample garage space and taxi units for the the current year.  LTFRB targets to start awarding 2,000 franchises this year.

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