Railways Industry Authority proposed
A veteran lawmaker has proposed to create a single agency to regulate the country’s railway industry.
House Deputy Minority Leader Rep. Bernadette Herrera filed House Bill No. 8510 for the establishment of a Railways Industry Authority of the Philippines (RIAP) that would assume the functions and powers of the Philippine National Railways and Light Rail Transit Authority pertaining to the issuance of eligibility certifications, determination of fares, railways restructuring, quality of service regulation, and investment regulation.
Under HB 8510, the RIAP will be attached to the Department of Transportation, but independently governed by a Rail Industry Board. It will be led by officials appointed by President Ferdinand Marcos Jr., upon the recommendation of the transportation secretary. —JULIE M. AURELIO