LRT says fare increase ‘will go through proper process’ | Inquirer News

LRT says fare increase ‘will go through proper process’

By: - Reporter / @JMangaluzINQ
/ 02:24 PM January 12, 2023

LRT says its fare increase "will go through proper process"

FILE PHOTO: An LRT-1 train approaches Balintawak station. Image from LRMC.

MANILA, Philippines — The Light Rail Transit Authority (LRTA) on Thursday explained that the increase in their train fare will still undergo the “proper process,” noting that the Land Transportation Franchising and Regulatory Board’s (LTFRB) approval is only “in the nature of” it being a member of their board and not as a regulator.

The LRTA pointed out that the LTFRB is only one of the nine LRTA board members, who should approve the train fare hike proposal.

Article continues after this advertisement

“The Light Rail Transit Authority would like to clarify that the matter of the fare increase will go through [the] proper process. The approval of the LTFRB on the subject fare increase is in the nature of the said agency being a Member of the LRTA Board of Directors, and not in the nature of a regulatory body,” the LRTA said in a statement.

FEATURED STORIES

READ: LTFRB approves LRT fare hike

“The fare increase must be approved by the LRTA Board of Directors and must likewise pass through a required regulatory process which includes public consultation/hearing,” it added.

Article continues after this advertisement

Aside from LRTA and LTFRB officials, other members of the LRTA Board of Directors are officials from the Department Of Transportation, Department of Finance, Department of Budget and Management, National Economic Development Authority, Department of Public Works and Highways, and Metro Manila Development Authority.

Article continues after this advertisement

So far, those who have signed the document proposing an increase in the LRT train fare are LRTA Administrator Hernando Cabrera, LRTA Acting Corporate Board Secretary Partick Villanueva, LRTA Board Director Dimapuno Datu (from the private sector), and LTFRB chair Teofilo Guadiz III.

Article continues after this advertisement

RELATED STORY

No PNR, MRT and LRT fare hike, DOTr assures

KGA
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Fare hike, LRT, LRTA, LTFRB

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.